Impact of reverse mortgages on associations is minimal
Q: I serve on the board of my condominium association and one of the issues we have been hearing a lot about recently are “reverse mortgages.” Are there any specific concerns a condominium association should have with owners taking out such mortgages and does the association’s rights regarding unpaid assessments differ when a unit is subject to a reverse mortgage? Read the article…………..
Following a lengthy legal battle, a settlement has been reached with Parkchester South Condominium management over its ‘draconian’ maintenance fee
The possibility of imposing stricter fire safety codes on a handful of condo complexes within the Village of Four Seasons