“Either get involved and get good people on the board … or decide to just accept it or sell and go somewhere else,” Richardson says. Here are six ways to effectively fight with your homeowners, co-op or condo association: Know the rules. You should have read all the ...
What would you do if you found out that all of the trees in your state were scheduled to be cut down? Or your city's main water source was slowly being contaminated? Or maybe that your condo sat atop a toxic waste dump? Would you move? Would you write to your representative in Congr...
Condominium is a form of home ownership in which every unit owner, in addition to owning his dwelling, also owns a share of common areas like roads, recreation facilities, parking lots, hallways and elevators. A condo buyer automatically becomes a member of a homeowners association with its rul...
What a great asset to us expats! Thanks for a great guide to condo laws. We have fumbled through many years trying to understand this on our own. I have recommended this book to my fellow Board Members in our condo association. Chriss Jalisco Jalisco Condo Manual:A very good “how to...
And within a given community, owners of a two-bedroom condo generally pay more than owners of a one-bedroom condo. Be aware that fees can go up. In a Foundation for Community Association Research survey released in March, 91% of association professionals, board members and consultants said ...
For example, a small condo will usually attract young, first-time homebuyers or retirees looking to downsize. If your home is large and has 3-4 bedrooms, your targeted buyer probably has a family or another need for extra rooms. But also, don’t overthink the description of your home. Th...
to prevent a condo association from successfully suing its developer. Goldman explains that in the Cambridge Point case, this particular condominium association was left with over $2,000,000 worth of construction defects, but the association’s governing documents required approval from fully 80 ...
* Mom stays for two months and hurts herself walking down the steps. Mom decides to sue me or the association because of some crack on the steps we are not aware of. * Dad accidentally leaves the stove on and burns down the kitchen while you guys are away at work. Your rental ...
covering the structure and its contents. This insurance also provides liability coverage in case someone other than the property owner or renter is injured while on the property and decides to sue. Most mortgage lenders require homeowners to have property insurance if there's an outstanding mortgage...
In general, any building-wide service is the responsibility of the condo association. Conditions within the apartment are more likely to be controlled by the landlord. This can be more complicated than it seems, and it may vary from one condominium to another. In some condos, the condition ...