Is a condo association a 501c organization?

Answer It depends on your local laws, including your state laws, and the nature of the condominium association's assets.If yours is a mixed-use association, and the association earns revenue from renting,... Read More »

Top Q&A For: Is a condo association a 501c organization

What is the maximum amount that a condo association or homeowner's association can recover via Florida's super lien statute and does it vary between HOAs and condo associations?

You have asked a complex and interesting question. It is difficult to find much information on "Super Liens" in Florida. The following is general information only and should not be construed as leg... Read More »

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.

Is there a condo organization in NJ that every condo building should be answering to?

Your first level of governance is your association's governing documents.There may be an organization in New Jersey that supports condominium associations.There appears to be a law in New Jersey th... Read More »

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.When your board decides to file a formal lien, they are taking one of several ste... Read More »