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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 properly registered with the Secretary of State (the location of the community) as a corporation, usually a non-profit.
Business require boards of directors in order to operate the business of the association.
What else can I help you with?
What has the author William R Conrad written?
William R. Conrad has written: 'The new effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism 'The effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism
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 Secretary of State in the state where the condominium community is located.The Secretary of State's records are usually public records.As well, residents and owners of a condominium community should know who sits on the association's board of directors, and their contact details.You can also contact a condominium association through its property manager.
Can a spouse serve on the board of directors of a condominium if his name is not on the deed?
You need to review the Master Deed to determine if the Board of Directors must be comprised of property owners. If that is the case then your spouse would not be eligible.
Can a condo maintenance company be fired by the owners?
Read your governing documents and determine under which provision your condominium is being foreclosed.It isn't the maintenance company doing the foreclosing, it's the association's board of directors, perhaps through the maintenance or management company.A condominium unit can be foreclosed upon by the association for non-payment of assessments, which owners are legally bound to pay.
What is the collective noun for 'directors'?
The collective noun for directors is a board of directors.
Are condominiums considered master associations?
No. A master association may contain multiple, separate condominium associations.
How do you address an envelope to a condo?
You can address a letter to the board of directors of a condominium association, and use the mailing address of the association. This might be the president's address, or the address of the management company.
Who are the board directors of telegraph hill condominium lakewood Colorado?
The Secretary of State for the State of Colorado has documents on file for this legal corporation -- perhaps it's a non-profit corporation -- and the names of the board members are listed there.
What services are paid for by a condominium assessment?
The condominium assessment established by the developer or by the board of directors covers payment for services and maintenance of the property owned in common by all unit owners of the condominium association.Examples are:Sewer and waterBuilding insuranceLandscape maintenanceBuilding maintenanceStaff payrollProperty managementReserves (a savings account built up over time to replace major structural elements: roofs, doors, elevators, etc.)Usually, a board of directors establishes a new assessment amount annually, anticipating the expenses to be covered for the next year.Every condominium's assessments cover different services and maintenance items. You can request a list from your treasurer.
What has the author William D Clarke written?
William D. Clarke has written: 'The young pathfinder's book of oceans, streams, and glaciers' -- subject(s): Glaciers, Juvenile literature, Ocean, Rivers 'Field data for the Isaacs-Kidd Midwater trawl collections of Scripps Institute of Oceanography' -- subject(s): Isaacs-Kidd Midwater Trawl (Ship), Monsoon Expedition, Trawls and trawling
Your condominium assessed and extra amount because your reserve is at zero - you need extra money for building repairs - can you file a lien for condominium special reserve amount assessed?
Depending on the county and state where your condominium is located, and depending on your governing documents, assessments and fines can automatically become liens on your condominium title. Otherwise, your condominium Board of Directors may choose to file a lien until the special assessment is paid.
Can the treasure of board of directors also be the secretary of the board of directors in nebraska?
No, the treasurer of the board of directors cannot be the secretary of the board of directors in Nebraska unless it is in the acting capacity.
