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I imagine there are a tons of legal layers involved:
-local/state laws regarding licensing of your trainer and whether they can do business at the HOA
-your purchasing contract with the HOA as to being guaranteed access rights to facilities
-the HOA contract with BB as to exclusivity
If your friend is acting in official capacity, paid with a paper trail, and doing business at the HOA without permission, then he/you are in violation. If you are working out as friends then the HOA is in violation. I suspect if enough people complain on paper they may eventually reconsider having BB there.
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Meanwhile other things are still happening.
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