Question

 Can a person on a condo board own the property management company?

Answer It is apparently at least a conflict of interest if the board member owns the property management company hired by the condominium association to manage the condominium community.Review your govern... Read More »
http://wiki.answers.com/Q/Can_a_person_on_a_condo_board_own_the_property_management_com...

Top Q&A For: Can a person on a condo board own the property ...

If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_doesn%27t_have_a_renter_for_...

If a property management company forgets to pay owner for past month rent should the property management company still collect fee for services?

If they asked you on the application, and you lied, then, yes, technically, that is a lease violation that gives the landlord the right to terminate the lease. But, you make a very good point - why... Read More »
http://wiki.answers.com/Q/If_a_property_management_company_forgets_to_pay_owner_for_pas...

You pay your rent to a property management company for a condo unit but the owner is being foreclose on is this legal?

As a tenant, your situation is determined by the written agreements that the owner has with the management company, with the association and its association manager, and with a lender, if any. It ... Read More »
http://wiki.answers.com/Q/You_pay_your_rent_to_a_property_management_company_for_a_cond...

Is it illegal for a property management company of a condo complex to withhold an agreement from fha unless they receive a confidentiality agreement from the mortgage company?

Yes, the State of Colo, If someone is managing residential property 4 units or less that is not theirs, they have to have a Active Real Estate License.
http://wiki.answers.com/Q/Is_it_illegal_for_a_property_management_company_of_a_condo_co...


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