Because of this, condo associations tend to have a lot of power. As an owner, it would be best to listen to the association’s rules and regulations. Theproperty covenantsare there to ensure everyone’s value. This does not mean all condo associations are power-hungry or unpleasant, but y...
Fellow condo owner, google me if you doubt my suggestion. IF the condo lawyer represents both associations and condo owners, expect them to hold back in litigating your case. Their interests in later defending against your claims in another case, will stop them from presenting the best litigati...
Most of the homes in Hoboken are either rental apartments–eight-unit complexes owned by a single landlord–or condos, owned by individual condo associations. Jeff Quinlan, a local real estate agent and developer, estimates the split is 60/40, rentals to condos. There are very few co-ops i...
Co-ops, on the other hand, operate under Chapter 719 of the Florida Statutes whereas homeowners’ associations operate under Chapter 720 of the Florida Statutes. All three entities have similarities regarding the statutory obligations and fiduciary duties that govern both associations and directors. Fur...
will react. In seven years they shot most of their ammo to keep asset prices at unsustainable levels. All that’s left in their arsenals, very much like in the Time Lords’ at the end of The Great Time War (excuse me for being a big Doctor Who fan) are blunt weapons of mass destr...
“2019 should be a busy year as both developers and associations come to grips with the new regulations.” Steven R. Wagner, Partner at the New York City law firm Wagner Berkow “Here are a few things that we’ve been working on for co-op and condo clients, as well as individuals in...