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A performance bond protects the association: an association would not be protecting the best interests of its investors if it hired a vendor with no performance bond.

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Q: If you have a project to redo your pool area and condo parking lot with pavers Do you need a performance bond?
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Related questions

Where they evacted to?

having problem with condo managment, parking commercial truck in guest parking.


What is the law regarding limited parking in a condo?

Parking in a condominium community is defined in the governing documents. There is no standard.


You own a motorcycle. The condo you own and live recently disallowed motorcycle parking in the parking lot. What are your parking rights. Do you have a say on this?

According to the New York Appellate Division of State Supreme Court decided the co-op and condo law that courts will not get involved in decisions unless there is bad faith, fraud or breach of duty. New York Times article "Courts Upholds Condo's Motorcycle Ban". This case set a precedent as the American Motorcycle Association vs. Condo Association.


Is a Virginia condo parking lot considered public property?

No. If it is owned by the condominium it is private property. Access to it, and its usage can be controlled by the condo association. There is a lot misunderstanding in most people's minds, and a great deal of legal difference in terminology such as; 'public property,' 'public space,' 'open space,' 'space "to which the public is invited,"' etc., etc.. All have different interpretations and meanings under the law.


Can a landlord restrict non-residents from parking in the residents parking lot?

If the parking lot is on city property (not owned by the landlord), city rules will dictate who can park there and when. However, if the parking lot resides entirely on private property, and assuming that proper signage is in place, then YES the landlord can restrict the parking spaces to residents only. Most apartment/condo parking lots at the very least offer someparking spaces for visitors.


What are qualities to look for in renting a condo?

When renting a condo, there are numerous factors that need to be accounted to ensure your condo is a good fit. Depending on your situation, rent may be the most important factor; likewise, fee and security deposits might need to be considered. Other qualities to look for are good condition of the condo, location, condo size, and others. There are a number of things you should look into before renting a condominium and most of those things boil down to personal taste. You should look for something that is size appropriate and fits your budget. Look at the parking situation and your access to parking. You also want to look at association fees, which can tack on a substantial amount to your monthly rent. Also, look at what amenities are offered in the community.


Who built Brittany park condo in myrtle beach?

You can discover this factoid in the local hall of records, in the Public Offering Statement for the project.


Can you sue your real estate agent for not imforming you of a condo association's poor financial situation?

You should consult with an attorney in your area who can review the details and explain your options. If the agent steered you to a troubles condo project just to get their commission there may be some breach of your contract. Also, the attorney who represented you in your purchase should have known the condo was in trouble via the title examination. You should discuss it all with an attorney.You should consult with an attorney in your area who can review the details and explain your options. If the agent steered you to a troubles condo project just to get their commission there may be some breach of your contract. Also, the attorney who represented you in your purchase should have known the condo was in trouble via the title examination. You should discuss it all with an attorney.You should consult with an attorney in your area who can review the details and explain your options. If the agent steered you to a troubles condo project just to get their commission there may be some breach of your contract. Also, the attorney who represented you in your purchase should have known the condo was in trouble via the title examination. You should discuss it all with an attorney.You should consult with an attorney in your area who can review the details and explain your options. If the agent steered you to a troubles condo project just to get their commission there may be some breach of your contract. Also, the attorney who represented you in your purchase should have known the condo was in trouble via the title examination. You should discuss it all with an attorney.


Does a condo association need to add handicapped parking for residents?

Depending on the location of the condominium, state law, county law or city law may require minimum handicapped parking stalls and other amenities specifically to accommodate disabled persons.


What is the average cost to gut a condo?

Your answer depends totally on the size of the unit, the local 'gut' rates, and other variables involved in your project. There is no standard.


Do in condo washing machines overload condo plumbing?

Not if the condo was built to code.


What has the author George Condo written?

George Condo has written: 'George Condo'