“Parcel manipulation”: Homestead homeowners sue over developer’s two-decade control of HOA

Oversight and control of Florida residential communities governed by associations is supposed to transfer from the developer to homeowners as soon as the majority of parcels are sold.  But at a Homestead townhouse complex, consisting of 117 two-story chalk white homes with brown accents neatly tucked in near Florida’s Turnpike, a developer is accused of clinging to control for two decades. Affiliates of developer Prime Homes at Villa Portofino East, an entity tied to Prime Group and its PMG Asset Services division, have remained in power, appointing their employees and representatives to the HOA board, according to a lawsuit.  While […]

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