It’s holiday time and the usual questions arise. Here is a good one from a reader: ”Is it proper (legal under Davis Sterling or Corp Code) for B of D’s to throw themselves a holiday party for directors and their guests? Does this not cross the line about directors not receiving “pay” for their services? [...]
Condo Law & HOA Law for Boards & Owners
Tag Archive: CHARGES
MOVE IN-MOVE OUT FEES IN CONDOS
A question as to the legality of “move in-move out” fees is commonly asked of me. These fees are different than a security deposit commonly required of a tenant in a landlord-tenant situation. But they are commonly confused. A “move in-move out” fee would be nonrefundable. A security deposit is held during the term of tenancy and at the [...]
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I wrote the book, The Condo Owner's Answer Book to address the unique situations that come with buying and owning a condo. It also discusses your rights and responsibilities as a condo owner and a member of a homeowner's association. Includes practicial answers to more than 125 questions about condo ownership. Available now from Amazon.com.