In addition, the sponsors would create a $7 million reserve fund to make improvements for the condo association.
If the condo association is not responsible, the unit owner must fix the problem.
The condo association is assessing owners $1.5 million to rebuild the terraces.
Hope the condo association doesn't give me too much grief: I'll try to keep the noise down.
But because condo associations do not own their building or the land beneath them, they have few assets other than insurance policies.
He added that the condo association cannot seek payment for a proportionate amount greater than this owner's 2 percent interest.
Condominium owners pay a monthly fee to the condo association, which also sets the rules for the community.
After a lengthy legal battle, the condo association was found guilty of discrimination.
The downstairs apartment is owned by the condo association.
When you're living in a condo association, they take care of it all.