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What is required federal and state for changing a condo community to a 55 and older community in ct?
Wiki User
∙ 13y ago
Best practices indicate that you will be best advised by an attorney in response to this question. Details you'll need to assemble for your first meeting include:
- Copies of all governing documents
- A profile of the community, including its physical characteristics, its financial health, its age, current standing with the Secretary of State, and so forth
- Your standing in the community, whether as a board member or owner
- Reasons for the desire to convert the community to this new status and resistance to such conversion.
Seek out a community association-savvy attorney in Connecticut who can help you.
Wiki User
∙ 13y ago
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What is required federal and state for changing a condo community to a 55 and older community in MN?
Typically, regardless of the state, a land-use document must be filed in order to designate an association with a restrictive status. A local association-savvy attorney can give you the guidance you seek and help your association achieve this change.
Does an incorporated condo association need a federal employer identification number?
When an association pays employees and files tax returns or sends W-2s or 1099s, a federal employer identification number is required.
How many condos are there in Scottsdale?
"Scottsdale, Arizona is a community with a very large number of condominium (condo) apartments as well as townhouse condos. That number is always changing as new construction appears."
What is the average amount per year for a condo?
'Amount' includes your mortgage payment, insurance you carry, utilities you pay for, plus the assessments required to operate the condominium community. There is no standard, so there is no average.
What is a high rise condo?
It is a condominium community with units in a high-rise building.
What are the rules for eating food by the community pool?
can one have food and beverages at the condo pool
Can you have a reverse mortgage on a condo?
Yes, you can have a reverse mortgage on a condo. However, the condo must be approved by the Federal Housing Administration (FHA) for reverse mortgages. The condo complex must meet certain eligibility criteria set by the FHA.
What temperature should the condo community jacuzzi be set at?
102 degrees, F, is a safe and comfortable temperature.
What is a junior condo?
Usually the term describes a smaller than average condominium unit within a community.
Is grandpa's condo in leisure towers retirement community?
Potentially, yes. Your answer depends on 'whose yur grandpa'?
How much does the average condo cost?
It depends on the location of the condominium, its size and the amenities included in the condominium community.
What is the law regarding limited parking in a condo?
Parking in a condominium community is defined in the governing documents. There is no standard.
