How many condominium associations are in the USA?

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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-governed communities in the United States.
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When does a condominium association cease to be an association?

Usually, the association must be dissolved in order for the association to cease. (It may not be in good standing under the guidelines of the Secretary of State, but not filin

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 Sec

Letter for condominium association non payment?

Read your governing documents to understand what details must be included in a letter you plan to send to a unit owner to collect late assessments. You may also want to inclu

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 thegoverning d

Does declaration of condominiums serve as by-laws for an association?

Usually the declaration (decs) includes the Articles of Incorporation for the association, the covenants, conditions, restrictions and reservations (CC&Rs), and the by-laws.

How do you fight a stipulation of settlement from a condominium association?

A stipulation of settlement indicates that the parties to a legal dispute have arrived at a formal agreement resolving their dispute. If you are one of those parties and the o

Can a condominium association enter a unit that is in foreclosure?

It's a good idea to check with the current owner -- the bank, or whomever owns the unit -- before entering it. For safety and security reasons -- to inspect for potential fro

What is the role of a condominium association board president?

You can take a free, online course that will help you understand the fundamentals of association leadership, using the link, below. Otherwise, your duties and responsibilitie

What are the steps in changing bylaws of a condominium association?

Your governing documents are specific about amending your by-laws, because this process is different in every community. The steps may include: . Working with your associat

Do Condominium associations have to have A Board of directors?

Yes, many (and maybe all) condominium associations have boards of directors. This style of real estate ownership -- an association -- is a business. The business is properl
In Condominiums

What is the purpose of condominium association insurance?

The purpose of the condominium association insurance is to guard the tenants from having to pay for water damage caused by leaky faucets or from damage to the structure of the
In Condominiums

How can a condominium association be converted to a homeowner's association?

The definition of condominium ownership is contained in theland-use documents filed in the local hall of records by theoriginal developer. In order to convert the land-use to