JUNE 2009 PLEASE PATRONIZE OUR ADVERTISERS
THE SHORT GAMETHE SHORT GAME
o you live on a golf course? Then you need to pay attention to House Bill 1473.
The bill, which is well on its way to becoming law before the current legislative
session ends June 2,...
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JUNE 2009 PLEASE PATRONIZE OUR ADVERTISERS
THE SHORT GAMETHE SHORT GAME
o you live on a golf course? Then you need to pay attention to House Bill 1473.
The bill, which is well on its way to becoming law before the current legislative
session ends June 2, will strenghten homeowner rights for people who live in golf
course communities throughout the state.
A similar law was passed in 2008 after a firestorm developed in the Houston area.
An
Ohio-based hedge fund bought three distressed country clubs and golf courses, then shut
them down and began efforts to have the land rezoned for other use.
Homeowners who paid
a premium and higher property taxes to live on those courses didn’t have much recourse.
In
the process, their property values plummeted as the courses grew up with weeds.
The problem is this: when homeowners buy a home in a golf course community, the presumption is the golf course will always be there.
The appeal of living on a golf course
includes beautiful views, solitud
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