Mixed-use condos have varied governance structures with separate or overarching boards. Disputes arise over common charges, often due to budget discrepancies and special allocations. Proper budgeting and legal review are crucial.
Mixed-use condos have varied governance structures with separate or overarching boards. Disputes arise over common charges, often due to budget discrepancies and special allocations. Proper budgeting and legal review are crucial.
The bar for proving the need for foreclosure is high.
Ways to make sure miscalculation don't creep in.
What rights and responsibilities do commercial unit-owners have?
Unit-owners in condominiums have to pay their proportionate share of common charges – whether they want to or not.
Stephen Lasser on RPL Sec. 339-AA
Allocated numbers should be confirmed from time to time.
Section 339-z of the real Property Law needs to be amended.
41 legal experts on game-changing laws, rules, and cases.
41 legal experts on game-changing laws, rules, and cases.