WHY HAVE CONDO BYLAWS?

Condo Bylaws are required by law to bring a condo association into existence.  Condo Bylaws are the second most necessary legal document, with the first being the Condo Declaration.  Usually everyone lumps the subjects covered in both as the Bylaws.  Most people think they are a lot of legal mumbo-jumbo, but an attorney can quickly […]

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LIFE IN A CONDO OR AN HOA — WHICH IS BETTER?

Moving into a condo or an HOA is an option for people living in a single-family home.  Friends who have downsized into a condo or an HOA tell you about how great it is to live in one.  There is also a downside. Condo and HOA properties are appearing everywhere!  When you drive around, you […]

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CONDOS PARKING: IT CAN BE INFURIATING!

Two entities establish condos parking rules. The developer originates the initial rules in the condo’s Declaration.  The Board of Directors may create house rules that are in addition to those the Developer created.  Creation and enforcement of the parking rules for condos are especially important where the spaces are either outside or in detached garages/carports.  […]

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BUYING A NEW CONDO?

Buying a new condo can be exciting.  However, if you are buying in a development that is still under construction, there are vital facts to consider.  Most buyers “love it” after seeing it and sign on the bottom line.  Here are the pros and cons about buying a new condo.  One of the most important considerations is the developer.   You may […]

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CONDOMINIUM ASSESSMENT— I JUST KEEP PAYING!

The regular condominium assessment (maintenance fee) is a living expense and increases should be expected.  In the real world, costs constantly adjust as expenses for products and services change.  Many owners do not want the maintenance fees to increase.  However, the bottom line is that they should want their fees to increase enough to maintain […]

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CONDO PROBLEMS! CONDO PROBLEMS!

This article will list some of the subjects that cause condo problems.  Owners and buyers alike can end up with some of these problems, or others.  In addition to the owners, these problems could be easily overlooked by buyers who don’t do their homework before buying. What should be a decision to purchase that yields […]

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CONDO QUESTIONNAIRE — A MUST FOR THE BUYER!

Many owners end up confused and unhappy because they misunderstood what a condo really is.  There are wonderful advantages to living in a community association.  There are also disadvantages. You will be prepared to ask for the right information if you take a condo questionnaire with you.   Listed below are a few of the […]

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CONDOS RULES: THEY REVEAL CRITICAL DETAILS

The rules for condos are for items that are unclear or not covered in the Bylaws.  Sometimes they refine or give more detail to restrictions.  Here are examples of condos rules: The Bylaws may state you are permitted to have a dog.  Rules could be made such as whether a leash is required when it […]

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21 CONDO BOARD RESPONSIBILITIES

21 condo board responsibilities (there may be more) include the strategy and management of the community.  Those responsibilities include making all the business decisions that affect the association.  The responsibilities of the board are defined in the governing documents.  Most owners don’t understand that community associations are big business.  Budgets often exceed $1 million annually and […]

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WHY HAVE CONDO BYLAWS?

Condo Bylaws are required by law to bring a condo association into existence.  Condo Bylaws are the second most necessary legal document, with the first being the Condo Declaration.  Usually everyone lumps the subjects covered in both as the Bylaws.  Most people think they are a lot of legal mumbo-jumbo, but an attorney can quickly […]

Read more...