Quote:
Originally Posted by got charlotte
I think this statement protects the builder/developer/declarant prior to the transfer:
- the declarant doesn't pay HOA fees on unsold properties
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Technically, the house was sold to him (the Quit Claim Deed transferred the property from the company to him personally ... and he and his wife personally have first and second mortgages).
The "declarant" is the builder's company (not the builder personally).