HOA Passes $75K Per Unit Special Assessment; Homeowners Respond With Lawsuit

In Torrance, California, The Daily Breeze reports on an area condominium association that has levied a $75,000 special assessment on each of around 180 homeowners to pay for a $13.5 million exterior renovation project that more than a few of the homeowners are finding unaffordable. Reportedly, more than 20 of them expressed their objections to being hit up in such a manner by banding together in November and filing a lawsuit against the homeowners association.

For the story, see Condo tenants fight for their homes in Torrance (if link expires, try here).