Condo Q&A

Condo Associations Must Collect Condo Docs from Developer

Written by stephen polinsky | Fri, Jan 30, 2009 @ 01:09 AM

Collecting Essential Condo Documents

Whether the transition committee or condo board is an "official" body created and supported by the condo developer or an ad hoc group the owners establish on their own, one of its most important tasks will be to identify and (if possible) begin collecting the condo documents and information the owner-elected condo board will need when it assumes responsibility for governing the condo association. In essence, the condo board will want virtually every scrap of paper related to the condo association's construction, condo association management, governance, and condo finances.