Question: You say that condominiums are required "to collect reserve funds for roof replacement, painting, pavement resurfacing, and any other deferred maintenance item that is estimated to cost more ...
A condo deconversion can promise relief from mounting assessments, insurance premiums and deferred maintenance. But as the Biscayne 21 dispute illustrates, it can also leave owners displaced, ...
The condominium form of ownership has been a popular way for many to enter the ranks of homeownership, but the concept is under strain. As the buildings age, owners’ associations that typically do not ...