What are pitfalls of Condominium Associations?

Answer All condominium associations are led by boards of directors, because the association is a corporation.Some board members -- and too many owners -- fail to read the governing documents established t... Read More »

Top Q&A For: What are pitfalls of Condominium Associations

What is the legal interest rate in NJ for condominium associations?

Your governing documents could specify the interest rate.

What are pro's and cons of Condominium Associations vs Zero Lot Line Orgs?

As best I can understand it, a zero lot line organization assigns ownership and responsibility for upkeep and maintenance to areas of property where housing exists. The extent of the lot, which may... Read More »

How many condominium associations are in the USA?

According to Community Associations Institute, the latest number available, for 2009, indicates that there are 60.1 million residents in 24.4 million housing units located in 305 association-govern... Read More »

How do you contact Condominium Associations directly?

A condominium association is the business entity involved in condominium ownership. The condominium association is usually a non-profit corporation, and is listed with the Secretary of State in the... Read More »