[meme] How would you rather see this land developed? - eviltoast
  • DarthBueller@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    1 year ago

    Yes, it does. As an attorney with experience in the matter, though, the scale of the expense can be outrageous if the COA wasn’t properly funding a reserve account, far greater than typical home surprise expenses. Worse yet if you have a few units in the condo that are bank-owned in a state that basically gives banks a free pass from dues on foreclosed/REO condo properties (Florida, looking at you).