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I imagine the #1 cause of lawsuit is mismanagement of funds.
I've listened in on board meetings here, and the members are extremely concerned with getting the most use out of the dues as possible, and leaving enough reserve money for unexpected events. They've reduced the HOA dues 3 of the 4 years I've been here, only collecting the full amount to replenish the reserve after it was spent cleaning up the ice storm.
Still would prefer no HOA, but this has been about the best experience I could have hoped for.
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