Question

 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 »
http://wiki.answers.com/Q/Is_a_condo_association_a_501c_organization

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 »
http://wiki.answers.com/Q/What_is_the_maximum_amount_that_a_condo_association_or_homeow...

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...

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 »
http://wiki.answers.com/Q/If_you_own_your_home_outright_and_the_condo_association_has_p...

What are the implications of having the condo association as an added insured on homeowner's condo insurance policy?

Answerthey are an insured under the policy as they 'own' the outside of the home........no 'implicatons' other than in some claims they would/may be included on the draft in payment........it may b... Read More »
http://wiki.answers.com/Q/What_are_the_implications_of_having_the_condo_association_as_...


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