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Theoretically it MAY be possible, but in practicality probably very difficult.
In some states, (Florida being one example) the condo building(s) may be built on real estate on which the condominium association pays so-called 'ground rent' to the property owner for the privilege of occupying their land with the condominium. That is - the condo association 'rents' (leases) the property on which their building(s) is situated for a certain contract-negotiated cost. The provisions of that contract would have to be known in order to comment further.
The practical matter would come into play if the landowner DID attempt to foreclose and evict the condo tenants, all of whom own a share in their association. It is inconceivable that the courts would allow a wholesale mass eviction in such a scenario, and the matter (if it were to be forced) would probably consume LENGTHY legal action.
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∙ 12y ago
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Can you be evicted for speeding in condo association?
No, you cannot be evicted from a condo association solely for speeding. Eviction typically occurs when a person violates the terms of their lease or commits a serious offense. Speeding would likely be addressed through a warning or a fine imposed by the condo association, but it would not typically result in eviction.
How many condo owners?
In most communities, the majority of residents in condos are owners. There are some rental units, but for the most part the people that own the condo also live in it.
Is the land under the condo unit owned by the unit buyer or the condominium corporation?
Read your governing documents to determine what is owned by individual owners and what is owned by the association.
Can you get evicted at a condo for not having a FOB key?
Read your lease and read the association's governing documents to determine the grounds for eviction from your residence. There is no standard.
What will be put into the Chicago Spire?
Condos and amenities for the use of the condo owners.
Can you sell a condo unit in NYS without condo declaration being recorded?
No, in New York State, you cannot sell a condo unit without the condo declaration being recorded. The condo declaration is a legal document that establishes the rights and obligations of condo owners and is necessary for the sale of the unit to occur. Recording the declaration protects the rights and interests of all parties involved in the condo transaction.
How long after your home is auctioned off in California do they kick you out?
As soon as the documents are signed transferring ownership, you are immediately evicted. In most cases however, previous owners will be evicted before the auction.
Who are the land owners of antarctica?
There are no land owners of Antarctica.
How do standard home-owners policies differ from condo insurance policies?
There is some liability with condo insurance since a fire in your home could also do damge to a neighbor. Regular home owners wont cover that since buildings are sperated.
Why were Acadians driven from their homeland?
The British evicted them from their land therefore they were sent to the british colonies.
Have Florida legislators passed a law to force condo owners to pay their condo fees?
no but trying to If a condo owner falls more than 90 days in arrears of association, the right to use common areas can be suspended by the association until such dues are paid.
Is it mandatory that a board member of a condo be required to live in that same condo?
Read your governing documents to determine the residency requirements for board service eligibility. It is possible that the majority of the board must be resident owners, all members must be resident owners or there may be no residency requirement. There is no standard.
