What is a condo trustee?
What is a condo trustee?
The trustees are responsible for enforcing and updating bylaws. The bylaws state specifically which responsibilities are those of the homeowner and those of the association. Typically, the association is responsible for all common areas and the unit owner is responsible for the inside of his own units.
Who are the trustees of a condominium association?
Generally, the condominium unit owners have the right to nominate and elect trustees. If they elect trustees who do not protect the trust and interest of the condominium association, there is usually a process to remove bad trustees (also referred to as condo board members).
Can a trustee serve on a condo board?
Additionally, the Division has ruled in several cases regarding trustees serving on a board of directors. A trustee of the trust that currently owns the unit is eligible to serve on the Association’s board of directors. See McWilliam v. Maya Marca Condo.
When do you become a member of a condo association?
You need to know your legal rights as a condo owner to be in a position to properly handle a condominium dispute. When you buy a condo, you become a member of a condominium association, which is essentially an entity that all condo unit owners at your property are a part of.
Are there bylaws for two unit condominiums?
As an attorney who has written CC&Rs and Bylaws for two, three and four unit condominium buildings for the past 20 years, as well as mediated many disputes for small-building condominium homeowners associations with governing documents created for larger buildings, I have learned much about what works, and what doesn’t, for smaller condo HOAs.
Generally, the condominium unit owners have the right to nominate and elect trustees. If they elect trustees who do not protect the trust and interest of the condominium association, there is usually a process to remove bad trustees (also referred to as condo board members).
You need to know your legal rights as a condo owner to be in a position to properly handle a condominium dispute. When you buy a condo, you become a member of a condominium association, which is essentially an entity that all condo unit owners at your property are a part of.
Can a condominium association subrogate against the owner?
To avoid this potential gap, the association may decide to require each unit owner to carry relatively high limits of liability coverage (maybe even an umbrella). Many state laws related to condominium ownership prevent an association from subrogating against the unit owner if the unit owner’s negligence leads to a liability loss.
Who is responsible for the upkeep of a condominium?
Many condo owners assume that their fees will take care of everything, but as an owner in the condominium, you are ultimately responsible for its upkeep, no matter what happens.