A good management company can aid the association by recommending vendors, helping plan the annual budget, attracting and interacting with new owners, and handling numerous day-to-day tasks. The following represents some of these tasks, which, if not delegated to a property manager, the association will have to tackle:
- Maintain security of the condominium
- Collect monthly fees and maintain records
- Prepare and maintain all association correspondence, minutes, and records
- Enforce rules and regulations as direct by the association
- Manage any rentals of condominium common areas
- Provide escrow information when homes are sold
- Identify, coordinate, and record maintenance work
Obtaining legal representation also has many benefits for an association. An attorney with experience in condominium law can review contracts with vendors; evaluate potential breaches of the association’s governing documents by owners; take collection actions, as needed, against owners failing to pay condominium fees; and help review the developer’s work to determine whether there might be liability. Early coordination with professional management as well as legal counsel will help the unit owner-controlled association ensure a smooth transition and set its more long-term plans and goals.
NEEDHAM, MASSACHUSETTS, U.S., January 20, 2022 /EINPresswire.com/ — A Norton, MA condominium owners association has successfully halted additional development in their community, thanks to a summary judgment handed down by Bristol Superior Court at the end of December. The case, G.