Even though Condominium Associations (COAs) are mostly autonomous, they are subject to specific statutes outlining COA powers. These statutes provide the framework for how COAs are created, what they can do, and how they are run. These statutes prescribe certain rights for homeowners to ensure COAs are following the law. They also provide mechanisms by which condominium owners can ensure the COA is managed with the community’s best interest in mind, that business is conducted in a public and transparent fashion, and that board elections are properly conducted.
Failure to abide by the COA rules can result in negative consequences to the condominium owner. However, failure to comply with statutes that govern COAs can result in negative consequences to the COA and every condominium owner who is a member. It is an absolute must that COAs are run in an efficient and consistent manner or the entire community could suffer financially, aesthetically and with a decrease in property values.
The attorneys at Rapier & Bowling Co., LPA handle every legal aspect of creating, running and dissolving a COA including answering board member questions, drafting legal opinions, reviewing contracts, moderating annual meetings and board meetings, obtaining FHA approval, amending governing documents, and implementing rules.
The attorneys at Rapier & Bowling Co., LPA are trained and experienced trial attorneys who are well versed in the laws regulating COAs. This unique combination sets us apart from all other firms that claim to represent HOAs. Not only will we give you spot on legal advice. We are ready, willing and able to take your case to trial if justice requires.