Ask a Real Estate Pro: All unit owners have to help pay for new roof

Q: The board of directors of our condominium association is contemplating taking out a loan to help pay for a new roof. That leads to all sorts of questions. How would this affect us? Would the lender put liens on the units and would they be harder to sell? What recourse would the lender have if we were unable to repay the loan?   Read the Q&A…………..


Related Articles

Can changes be made to common areas without members’ approval?

Q. We have four tennis courts in our condominium complex that are hardly used. Our board would like to remove

County considers adopting private roads (FL)

County commissioners voted unanimously last week to investigate the possibility of accepting ownership of more than 10 miles of private

SJC condo fire damage estimated at $2.5 million

A massive fire that destroyed 20 condos in Ponte Vedra Beach last month caused roughly $2.5 million in damage, according