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

Answer 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 »

Top Q&A For: What are pro's and cons of Condominium Associat...

What are the pros and cons of a condominium association filing for chapter 11 bankruptcy protection?

From the association's viewpoint, a positive aspect is that this filing presents a position to all creditors that the association is working through its cash flow/ debt issues, so that payments can... Read More »

Do zero lot line organizations fall under the Condominium Act?

Read your governing documents to determine the land-use covenants that apply to your property. It could be a home owners association or a condominium. Most states have separate codes for separate l... Read More »

Can a Condominium Regime Association be changed to A Zero Lot Line Complex by the owners?

Depending on the country where you live, as owners, you may be able to alter the governing documents to this extent, and usually it will take a large majority of owners -- such as 67% -- to make th... Read More »

What are pitfalls of Condominium Associations?

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 »