Condominium Law

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Buying & Selling Condos or Co-ops
Although there are some differences between the two, condominiums ("condos") and cooperatives ("co-ops") are both ownership interests in real property that relieve the owner from hassles such as maintaining a home: cutting and watering the lawn, painting the exterior, and shoveling snow, for example. ... READ MORE

Buying a Condominium
Many people buy condominiums because they are easier to maintain than houses. A condominium (condo, for short) development includes a building or group of buildings where the individual apartments or houses are owned by individuals but the common-area ownership is shared. Condo owners pay homeowners ... READ MORE

Buying a Co-Op
Buying a cooperative, or co-op, is different from purchasing a house or condominium. Depending on your needs, it may have some benefits. In order to know whether buying a co-op is a good idea, you'll need to understand those differences. Co-ops Are Different When you buy a co-op, what you're really purchasing ... READ MORE

New Rules for Reverse Mortgages
For many retired homeowners, a reverse mortgage sounds like a good idea. Today’s retirees are less likely to have a pension or enough money saved for retirement. A reverse mortgage can turn your home into a source of income. The loans can be used for any purpose, but are often used for home modifications, ... READ MORE

State Condominium and Unit Property Information
Access the real property laws of your state dealing with condominiums, homeowners' associations, property owners' associations, time shares, and other unique forms of owning and sharing real property. States Beginning with the Letter - A through D - F through I- K through M - N through O- P through T ... READ MORE

The 411 on Condominiums and Cooperatives
Home ownership is a big part of the American dream. And, when you think of a "home," the first thing that often comes to mind is a house, big or small, in a city or suburb. But that's not necessarily the ideal setup for everyone. Young couples, retirees and others who don't want the costs and trouble ... READ MORE

Owning a Condo or Co-op: The Basics
Condominiums ("condos") and cooperatives ("co-ops") are forms of "common interest ownership" in real estate. Both are arrangements in which you and others have some type of ownership interest in a particular piece of land; but in neither case is it the same type of ownership as with a "regular" home. ... READ MORE

 

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Legislative Issues for Community Associations in 2015

2014 was a busy year for Community Associations Institute’s Pennsylvania-Legislative Affairs Committee (PA-LAC) in addressing legislative issues that impact common interest communities (CIC ... Read more

Q&A: What Could Happen If Our Condominium Association Does Not Hire Lifeguards?

Q:  Our condominium association has a swimming pool and every year we hire lifeguards for the pool season even though there is no ordinance that requires the association to have lifeguards. This ... Read more

Does the condominium association have any legal obligations regarding a gas meter removal?

Q:  One of our resident’s gas meters has been removed and locked by the gas company. Does the condominium association have any legal obligations about this? We’re concerned that the w ... Read more

Does my association really need Director & Officer liability insurance?

Based upon many years of defending associations in all types of litigation, my answer to this question is yes. However, exactly what is Director & Officer (D&O) Liability Insurance, and what d ... Read more

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