Question

 Can the owner of the condominium open the business in condo?

Answer Read your governing documents to determine the uses for your property allowed by the association.
http://wiki.answers.com/Q/Can_the_owner_of_the_condominium_open_the_business_in_condo

Top Q&A For: Can the owner of the condominium open the busin...

Does an Illinois condo owner have to submit a claim on their own insurance even if damages were caused by another condo owner's water leak?

This kind of unfortunate situation that occurs in multi-family housing must be addressed on two levels: First, identify the source, stop the leak, repair what's causing it, and clean up the damage.... Read More »
http://wiki.answers.com/Q/Does_an_Illinois_condo_owner_have_to_submit_a_claim_on_their_...

Can a condominium association put a lien on the unit owner's business account when the unit is owned by the individual and not the business?

There are several kinds of liens, one of which is generally established automatically in your governing documents, based on your promise to pay your assessments. The association's attorney can form... Read More »
http://wiki.answers.com/Q/Can_a_condominium_association_put_a_lien_on_the_unit_owner%27...

If condo association forecloses on an owner does the lender pursue deficiency judgment against the owner or condo association?

Your attorney can help you answer this question, since it requires a legal answer.
http://wiki.answers.com/Q/If_condo_association_forecloses_on_an_owner_does_the_lender_p...

What is the procedure for a condominium association to file a lien a condo for montly dues on a condo that the bank is foreclosing on?

Overall, every state handles these matters differently from every other state. You need a condominium-savvy attorney to help you recover this debt at this late date. Effectively, a lien must be fi... Read More »
http://wiki.answers.com/Q/What_is_the_procedure_for_a_condominium_association_to_file_a...


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