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Every owner is entitled to a copy of the governing documents, sometimes referred to as the declaration, or decs. Components can include CC&Rs, covenants, conditions and restrictions and any amendments thereto; By-Laws, and Board Resolutions.
These documents form the foundation for the private democracy into which you buy when you purchase a condominium.
As a buyer, you could receive a copy from your real estate agent or from the developer if the project is a new project, so you can review them prior to your purchase, or as part of the escrow package you sign for when you close the sale.
If you've lost or misplaced your copy, you can request a copy from your managing agent.
Finally, you can obtain a copy at the local courthouse, department of records where condominium declarations are filed and are available as public record.
If you are a developer and need a set of governing documents, you can hire an attorney to create a set specifically for you and your project. These will be based on your state condominium law.
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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.
Can a condo declaration be changed?
Of course. Often with a simple majority.
How do price a condo apartment for sale?
Your realtor should help you with this by obtaining what are called "comps" ... recent sale prices of similar dwellings in the same area.
What was the Declaration of Colonial Rights about?
The Declaration of Colonial Rights stated the rights of the Colonists in general, the instances in which the rights were violated or infringed, and appropriate means of obtaining restoration. For more information, visit the Related Link.
Do in condo washing machines overload condo plumbing?
Not if the condo was built to code.
What has the author George Condo written?
George Condo has written: 'George Condo'
Who pays for leaky main stacks according to condo law?
Your answer depends on who owns the 'leaky' main stacks. You can find the ownership answer in your governing documents, your declaration under boundary definitions.
owner?
Condo Roccia
What is involved when inquiring about a condo loan?
When inquiring about a condo loan a person needs to know what they want to spend, what features they desire in the condo and where they want the condo to be located.
What is the birth name of Eleonore Condo?
Eleonore Condo's birth name is Eleonore Louise Anna Condo.
When all properties are sold in a condo complex is a declaration necessary?
A declaration is necessary in order to sell units in a condominium project. The declaration is a land-use document filed in the local land-use hall of records. It also represents the 'constitution' for community governance, and to modify it usually requires a majority -- sometimes an uber majority of owners' votes in favour of any amendment. A condominium association without a declaration is lawless, by definition.
Can an owner of a condo pass on to the condo owners the park fee he was require to pay before building the condos?
There is no standard answer to your question. Read your governing documents to determine what is possible in your case. There may be special fees you pay when you purchase a unit from a developer, which may be passed along to subsequent owners, or not -- according to what's written in your declaration.
