Question

 Can you sell a condo unit in NYS without condo declaration being recorded?

Answer No. The recording of the declaration of condominium creates the condominium under state laws. A condominium is a creation of law. If no condominium is created then no units can be sold. Condominiu... Read More »
http://wiki.answers.com/Q/Can_you_sell_a_condo_unit_in_NYS_without_condo_declaration_be...

Top Q&A For: Can you sell a condo unit in NYS without condo ...

Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the p... Read More »
http://wiki.answers.com/Q/Is_there_a_law_regarding_condo_fees_I_live_in_a_four-unit_con...

Can a condo unit be sold before a declaration of condominium is filed?

Personally, I would not buy a condominium unless my review of the complete declaration was finished. Otherwise, you (and I) have zero idea about the community you're (I'm) buying into. Whether or... Read More »
http://wiki.answers.com/Q/Can_a_condo_unit_be_sold_before_a_declaration_of_condominium_...

A lien for unpaid assessments has been placed on your unit by the condo association - can they foreclose on your condo owned outright?

You can find the answer you want in your governing documents.Usually, regardless of the ownership status -- outright ownership or mortgaged -- unpaid condominium assessments represent an automatic ... Read More »
http://wiki.answers.com/Q/A_lien_for_unpaid_assessments_has_been_placed_on_your_unit_by...

If the cable tv company causes water damage to a condo unit will the condo association insurance cover it?

As a condominium owner, generally, you are covered by two insurance policies:The master policy, which insures all the assets owned in common, and may include liability insuranceThe HO-6 homeowner's... Read More »
http://wiki.answers.com/Q/If_the_cable_tv_company_causes_water_damage_to_a_condo_unit_w...


feedback
loading