What sales tax does a condominium association have to pay on social events?

Answer Your question depends on the location of the association -- which state -- and the vendor that the association proposes to pay.If, for example, you hold your Annual Meeting at the local sports pala... Read More »

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What are the consiquences of a Condominium Association putting a lien on your condominium home in Ohio?

If Ohio is like most other states, the recorded lien effectively clouds your title, so when you attempt to sell the unit, the lien shows up in the title search. As owner, the lien may also appear o... Read More »

What is the difference between a Condominium Homeowners Association and a Townhouse or Plan Unit Development Homeowners Association?

A condo or townhouse Homeowners' Association (HOA) governs a group of condos, wherein the association is responsible for the maintenance of the outside of the building(s), landscaping, and utilitie... Read More »

In Maine is a condominium association required to have an annual audit performed?

Read your governing documents regarding mandatory audits. Depending on the size of the community in number of units or annual income from assessments, the membership may be able to vote against hav... Read More »

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 »