Question

 Right of first refusal condo association?

Answer A condominium association, and sometimes the project developer, can include a right of first refusal (RFR) in its governing documents. It is not standard or required. The advantage of this right, ... Read More »
http://wiki.answers.com/Q/Right_of_first_refusal_condo_association

Top Q&A For: Right of first refusal condo association

Right of first refusal for condominium association sample?

This right is documented in your governing documents, because each situation is unique. Essentially, it means that should you decide to sell your unit, the association reserves the right to purchas... Read More »
http://wiki.answers.com/Q/Right_of_first_refusal_for_condominium_association_sample

When a condominium association has a right of first refusal in their declarations what does that mean?

It depends on what the association has '...a right of first refusal' over.Legally, the right of first refusal is a contracted right that gives the holder -- association in this case -- the option t... Read More »
http://wiki.answers.com/Q/When_a_condominium_association_has_a_right_of_first_refusal_i...

What is the advantage and disadvantage of Right of First Refusal clause in condominium Articles?

The advantage is that the board can choose to purchase the unit before it is made available for sale to any other entity. There's really no dis-advantage, since the board can publish its non-intent... Read More »
http://wiki.answers.com/Q/What_is_the_advantage_and_disadvantage_of_Right_of_First_Refu...

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...


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