A Charlotte company that tried to withhold a $5,000 insurance payment as leverage in an ongoing dispute over condominium association dues will have to pay out more than $42,000 in damages to the condo owner, the North Carolina Court of ...Read More »
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DEAR BENNY: Our condominium declaration allows renting but there is no rental cap or time period for the lease. We have a waiting list of people who want to rent their units. Currently, we have four owners leasing their units. ...Read More »
Thousands of condominiums and housing cooperatives that were damaged when Sandy struck the East Coast last year learned – after the fact – that they were not eligible for money grants from the Federal Emergency Management Agency (FEMA). Unlike single-family homes, which can get both grants and loans, community associations are considered “business associations” and are only entitled to loans. As we all know, loans have to be repaid; grants do not.Read More »
We live in a large condominium complex and our unit happens to be located close enough to the lobby that we hear the elevator constantly. The sound, what I call harmonizing, has been occurring for the last five to six years. I have spoken to the management many times and they have responded by repairing, but the fix is never long-lasting.
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