0
If as a condo owner you feel you are being taken advantage of by the President owner of the other condos and you want to get out of the association how do you do it?
Wiki User
∙ 12y ago
Getting out of an association is only possible by selling your unit to a new buyer.
"Feeling like you're being taken advantage of..." is possible if you are new to condominium ownership, or do not fully understand the covenants, conditions, restrictions, regulations or by-laws that govern your association.
Best practices dictate that you educate yourself about the business affairs of the association, read your governing documents, and identify the rights and responsibilities of every owner.
Further, elected board members -- or those appointed by the developer -- also have rights and responsibilities. These are based in state condominium law.
When you fully understand what it means to live in a private democracy known as a condominium association, you can most effectively defend yourself against 'being taken advantage of' by anyone: another owner or board member.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What are Derek Fishers hobbies?
Playing Basketball. Being President of Players Association. Writing Books.
What was george washingtons most important accomplilshment as president?
He did not take advantage of the opportunity to keep the power the country offered him
What are 2 advantages of being a republic?
2 advantage being a republic is like first a republic is those who are the president and others I guess!!=)
What is the difference between a Condominium Homeowners Association and a Townhouse or Plan Unit Development Homeowners Association?
A condo or townhouse Homeowners' Association (HOA) governs a group of condos, wherein the association is responsible for the maintenance of the outside of the building(s), landscaping, and utilities, in addition to maintaining common areas and enforcement of the CC&Rs. This is because the properties being governed are condos and not houses. A planned unit development (PUD) HOA is responsible for ensuring compliance with the CC&Rs of the PUD and upkeep of any common areas in the PUD. However, individual owners maintain their homes and land, as each lot in the PUD is individually owned.
What is a advantage of being an architect?
Advantage versus what?
Can you be a president of the condominium association when you are a community license agent?
Yes, it is possible to be the president of a condominium association while being a licensed community association manager or agent. However, it may vary depending on the specific rules and regulations of the condominium association and the licensing requirements in your jurisdiction. It is advisable to review the governing documents and consult with legal counsel or the association's board to ensure compliance with all requirements.
What is Ernst Jones known for?
Ernest Jones was a British neurologist and psychoanalyst. He is best known as being the president of both the British Psycho-Analytical Society and the International Psychoanalytic Association.
Can a condo association President vote for unbuilt units If so is he responsible to pay association fees and special assessments for the voted units?
Your answer is complex, and requires precise definitions. Usually, unbuilt units have no voting rights, because there is no allocated interest in the association's assets for unbuilt units. If the association president is not the developer, the president has no vested interest in voting for units the president does not own. If the president is the developer, the developer may be able to exude development or declarant's rights that address unbuilt units. Your best answer will be available from an association-savvy attorney in your local area. Be prepared to show evidence of the motions being voted upon and who is voting, based on what authority. Bottom line, it appears to be patently unfair for current owners to be burdened financially for unbuilt units, if no one else is paying the allocated interest share for those units.
How not to be part of Homeowner association?
You can avoid being in an association by not purchasing a home in one. If you own real estate in an association, you can sell your property.
Is being a president about being famous?
yes, but being a president not all about being famous. its about being fair and protecting the country. what would u do if u were a president.....going around and tell that your the president of the united states . No! that is being pride and greedy.
Who is the current owner of St Stephens church on Blackstone street in Hyde Park?
The church is currently being developed as condos, I am the developer's marketing representative.
What was the advantages of being a lord in medieval age?
the advantage is being cool
