answersLogoWhite

0

Your governing documents provide for a dissolution of the association, which is a process normally followed after a disaster that renders the community unusable for its intended purpose.

Otherwise, without an association, how do the remaining occupants manage:

  • Insurance
  • Maintenance
  • Replacement of key common elements

Simply declaring that a condominium association is no longer an association isn't really a workable situation under the law. However, you may be able to find an association-savvy attorney who can help you carve up the real estate assets and figure out a way to sell them to people interested in buying such a real estate asset. Or not.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Clipped word of condo?

'Condo' is a clipped version of the longer word condominium.


How long must you own a mount laurel condo before the price of resale is no longer restricted?

A local realtor can answer your question.


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'


owner?

Condo Roccia


What is involved when inquiring about a condo loan?

When inquiring about a condo loan a person needs to know what they want to spend, what features they desire in the condo and where they want the condo to be located.


What is the birth name of Eleonore Condo?

Eleonore Condo's birth name is Eleonore Louise Anna Condo.


How do you build the cat condo in my sims kingdom?

Go to the space where you are building the condo then there are red blobs where the blocks and fences go. Paint the condo then add the butterfly to the condo and your done!


Can I sell the condo my dad deeded to me with a life estate when he can no longer live there he will be going into long term care?

He will need to consent to the sale by signing the deed.


Does a condo room have a kitchen?

Yes, an apartment of a condo has a kitchen.


If I file bankruptcy and I'm on the deed for my son's condo can they take the condo away?

Your interest in the condo will be considered part of your assets.


On our world How do you go to your condo?

Well, to get to your condo you click the house button next to the map. But if you don't have a bear, you don't have a condo.