Legal Question in Consumer Law in Texas
How can we protect our investment from fraud?
We are Senior citizens, living part time in an RV
community in Texas. When we bought here we were
told this was going to be a privately owned, owner
managed park. Since that time lots in this park have
been sold to several individuals who are running lot
rental businesses, one with 50 lots. In our original
covenants (from the first owner) it allows for one vote
per lot. These individuals have gotten together now
and are basically running slip shod over the rest of us
because they have the majority of the votes. We are
told we can do nothing about changing that ''one vote
per lot'' covenant because they will all vote that down.
What are our rights? This man with the 50 votes has
already done several illegal things (i.e. rents his lots on
a ''no check/no receipt basis only'') and has gone
against our covenants over and over and just throws it
is our faces. Please help us if you can. Thank you!
2 Answers from Attorneys
Re: How can we protect our investment from fraud?
You, and other property owners, can get together and sue to enforce the covenants. Past that, the "one vote per lot" is just something you'll have to live with if you can't muster a majority.
Re: How can we protect our investment from fraud?
How many owners are on your side? You should first sit down and discuss it among yourselves and consider enforcing your convenants. You should get a copy of the deeds to see what covenants there are and see what type of plan was filed for the subdivision.
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