Q: The board of directors of my condominium association has been discussing taking out a loan to pay for major repairs to our condominium building. To my knowledge, our association has never borrowed money before. It seems to me that for such a serious undertaking, a vote of our owners should be required. Is a loan by the association a mortgage on my unit? Read the Q&A…………………………………..
Related Post
June 11, 2020
March 5, 2016
February 22, 2024
Comments are closed.