Q: Our condo association has central air and heat and needs to be turned over twice a year from one to the other. Each unit has controls over the flow of air and temp it sets in their unit via ...
Tagged with: condominiumRead More »
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 »