My all cash buyer backed out. Investigated all the pending lawsuits and backed out. Also 4 pending units back on market. The election (not the presidential) for board re-call is on the 11th but they are doing everything they can to confuse the date,times and reasons in order for the membership to not get the needed 66% of the owners to have a quorum.The latest seller is offering cash back like a car dealer if you will buy his unit 288. LOL lots of luck. I see Lakeridge going into some kind of receivership soon,  after all the indebtedness is revealed,

Oh Geezus, that's awful. Is anyone getting the owners riled up about the seriousness of the HOA's situation? Do they NOT understand how effed-up it really is?!! You guys need to rally and take control, somehow. You guys need an attorney who KNOWS the Davis Stirling Act, one who has successfully dealt with HOAs. I'd recommend you send an email to the attorney who writes the LA TIMES ASSOCIATIONS column every Sunday. I had a question once, wrote her an email and she called me with advice. You guys are dead in the water if you do not fight back. ?Ÿ‘?

All those things have been done including talking to the LA. Times condo editor. Existing board has a lawyer we pay for to fight against the recall and fight personal law suits for their own actions.. There is a owner that has a lawyer but he is used to sue the HOA for threats and intimidation and is asking to have his costs covered by the HOA as the owner sues basically herself. Thanks but it is probably all too little too late.The money has been stolen, the books have been cooked and now so has the goose.

How did LAKERIDGE's Recall Election go? Did you have a voting quoram? BTW, I was going to ask...you had previously mentioned that the money was gone. I am curious as to who wrote the checks for the HOA, the Management Company or the Board of Directors? And are you saying there is absolutely no Reserve Fund monies left ? Everything's been stolen?