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Their role essentially shapes the quality of life within the condominium, as they make key decisions pertaining to the aesthetics, maintenance, and overall functioning of the community. At Daisy Property Management, I've seen just how much a dedicated and efficient condo association can enhance the living experience within a condominium community.
Kelvine Ferrer (Kell...
Wiki User
∙ 10y agoA condo association is a term that is used to describe a group of common ownership communities. They have the right to collect fees, regulate rules and put liens on homes.
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What is a condo master association?
Depending on the context, it may be an umbrella association that oversees or is related to a group of individual condominium or other land-use associations.
What happen if you stop paying on a time shear Condo?
There is no standard. There are best practices, which may preclude your use if you are not paying, but associations' boards have the responsibility to collect from owners and to monitor use.
How do I convince my grandparents to let me get a dog while I am living in their condo?
Sorry to tell you this, but you may not be able to do that. Some condo associations have rules against dogs and that may prevent you from getting one.
What is the new insurance law for condo associations?
The answer depends on the state where the condominium is located.You can follow the link, below, and find the state you want.
What has the author Thomas J Madden written?
Thomas J. Madden has written: 'King of the condo' -- subject(s): Fiction, Condominiums, Condominium associations
Are condo associations responsible for snow removal?
There is no standard. Snow falls in common areas and the association is liable for any accident caused by snow in common areas. Best practices dictate that associations either plow and remove snow, or work with residents to establish a program for snow removal.
How would wood flooring be insured under an condominium policy?
It depends. If you added or customized the flooring from the original floor plan than you have additions and alterations. These types of changes are covered on your Coverage A on your condo policy. If it is the original flooring than it would depend on what your condo associations master policy covers.
Is a unit of a condo association able to secure a SBA loan if association rents out property?
No, a unit of a condo association does not have the authority to secure a Small Business Administration (SBA) loan. SBA loans are typically available to individual businesses, and not to individual condo unit owners or associations. It is important to consult with a financial professional or lender to determine the best financing options for the condo association.
Is there a Florida state law that states a minimum age limit for children using pools in a condo?
Swimming pools owned by associations are owned and operated by the association. Read your governing documents to determine the age-restricted use for the amenity. No state law specific to common interest communities specifies use at this level of detail.
What could be creating a leak on the ceiling of the first floor of your 2 story condo if the bedroom is over the leak?
The leak may be coming from the neighboring condo's bathroom. Pipes run all over - they can leak and come up through the floor or through the walls or ANYTHING. Better get a professional. Should be the associations responsibility.
Is the walkway on the roof that residents living on the roof use to enter there condo a common area?
is the walkway on the roof (which the 4th floor residedence use to reach ther condo) common are to all residents
What will be put into the Chicago Spire?
Condos and amenities for the use of the condo owners.
