Representation of the board of managers of a condominium raises many legal issues. For instance, a condominium owner has legal title to his or her unit and shares in the common areas of the building the unit is housed in. Each condominium unit owner is responsible for their own real estate taxes and mortgage payments and pays monthly common charges to the condominium, which represents maintenance of the building’s common areas. We provide general counsel services regarding all board and management activities, including negotiation and preparation of agreements related to all aspects of the operation of the condominium, from the most sophisticated construction contracts for the refurbishing and rehabilitation of the physical structure to simple supply of material contracts and dispute resolution.
A major problem facing the board of managers of a condominium is the collection of past due common charges from unit owners. We have developed an efficient and successful procedure for collection and, if payment has not been received, we will then commence a plenary action in Civil Court. We pursue the collection case to completion and then enforce the resulting judgment against the offending unit owner’s assets.
By diligently following through with the foregoing process, we are successful in collecting arrears in a timely manner and without the condominium incurring substantial fees or disbursements. We also represent board of managers in all transactions, including construction, refinancing, and drafting and amending governing documents.