Our Condo association wants to dissolve the association. We would like to know what steps to take

Mike Defelice
Home Buyer
New Jersey

dissolving a condo association

Answers (4)
Jim Stilwell
Other/Just Looking
California

Why are you trying to dissolve the association. It is simply the legal organization that handles all of the business of maintaining your commonly owned property as required by your covenants. Is your beef with the association, or is is with the covenants. If you get rid of the association how would you propose to handle the maintenance needs of the common areas - roofs, piping, electrical, grounds, etc. Some sort of legal framework must be in place to accomplish all of this.

You will need legal advice to do this; but more importantly, you will need the super-majority support of your co-owners as required by the governing documents.

Thu Nov 26 2009, 14:34
Massa
Other/Just Looking
Florida

unfortunately, after considering the same thing for my condo association, the only way is by hiring an attorney, which none of us, even collectively, can afford to do.

Thu Oct 23 2008, 12:56
Sharon Kozinn
Agent
Bergen County, NJ

Dear Nike,
I agree with the answer below. You need toncontact an attorney that is a Real Estate specialist, specifically in the area of your situation.
Good Luck.
Sharon Kozinn

Web Reference: http://sharonkozinn.com
Sun Sep 28 2008, 12:01
Joan Prout
Agent
Warren, NJ
FIRST ANSWER

Mike,

You should contact an attorney who specializes in real estate law.

Joan Prout, MBA
Broker Associate
RE/MAX Villa REALTORS
306 Grove Street
Jersey City, NJ 07302
201-946-2700 x310
800-671-0596 x1 (direct)
Joan@JoanProut.com

Web Reference: http://www.JoanProut.com
Sun Sep 28 2008, 11:24

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