This will only make sense to those who have followed the recent series of posts and responses about the fairness of fees to be paid by owners of condominiums in a new complex. However, the hypothetical thought experiment illumines more than the specific issue. The question is what makes an economic covenant fair. The right answer is— (drum roll)—option three. Under the veil of ignorance the majority, if not all of the owners would decide that maintenance fees be based... Read more












