Can a Board of Directors block a sale of a condominium unit?

Answer 1

You need to review the governing documents for the particular condominium project. There may be certain provisions that give the board the right of first refusal or some other right that would empower it to block a sale if certain conditions had not been met.

You need to review the governing documents for the particular condominium project. There may be certain provisions that give the board the right of first refusal or some other right that would empower it to block a sale if certain conditions had not been met.

You need to review the governing documents for the particular condominium project. There may be certain provisions that give the board the right of first refusal or some other right that would empower it to block a sale if certain conditions had not been met.

You need to review the governing documents for the particular condominium project. There may be certain provisions that give the board the right of first refusal or some other right that would empower it to block a sale if certain conditions had not been met.

Answer 2

You need to review the governing documents for the particular condominium project. There may be certain provisions that give the board the right of first refusal or some other right that would empower it to block a sale if certain conditions had not been met.

Answer 3

Whether a Board of Directors can block the sale of a condominium unit depends on several factors, including the governing documents of the condominium association and the specific laws of the state or jurisdiction where the condominium is located.

In general, boards of directors do not have the absolute power to block a unit sale. However, they may have the right to deny or delay a sale under certain circumstances, such as:

Right of First Refusal: Some condominium associations have a right of first refusal clause in their governing documents. This means that the association has the right to purchase the unit before it can be sold to a third party. This clause is typically used to ensure that the association maintains control over who lives in the community.

Unpaid Assessments or Fees: If the unit owner has outstanding assessments or fees, the board may have the right to withhold approval of the sale until the debt is paid.

Violations of the Condominium's Rules and Regulations: If the unit owner has violated the association's rules and regulations, the board may have the right to deny or delay the sale until the violation is corrected.

Condemnation or Imminent Risk: If the unit is condemned or poses an imminent risk to the safety of other residents, the board may have the right to prevent the sale until the problem is addressed.

It is important to note that these are just a few examples, and the specific rules and regulations that apply to your situation will vary depending on the circumstances. If you are considering selling your condominium unit, it is important to carefully review the association's governing documents and consult with an attorney to understand your rights and the board's authority.