Condominium Law
ROBSON& LOPEZ LLC CAN DRAFT AMENDMENTS TO YOUR CONDOMINIUM DECLARATIONS AND BYLAWS, OR RULES AND REGULATIONS. WE CAN ALSO ASSIST IN UNPAID ASSESSMENT DISPUTES. CALL US TODAY TO DISCUSS YOUR CASE.
WHY AMEND? THE MOST PREVALENT REASON ASSOCIATIONS ARE AMENDING THEIR DECLARATIONS IS TO LIMIT THE AMOUNT OF RENTAL UNITS ALLOWED IN THE BUILDING TO LESS THAN 50% OF THE TOTAL UNITS. THE REASON WHY THIS IS NECESSARY IS THAT MOST MORTGAGE LENDERS WILL NOT LEND ON A UNIT IN A BUILDING WHERE MORE THAN 50% OF THE UNITS ARE NON-OWNER OCCUPIED. OUR OFFICE HAS HANDLED NUMEROUS AMENDMENTS TO CONDO DECLARATIONS AND CAN DRAFT THE AMENDMENTS AND WALK YOU THROUGH THE VOTING PROCESS.
WHY AMEND? THE MOST PREVALENT REASON ASSOCIATIONS ARE AMENDING THEIR DECLARATIONS IS TO LIMIT THE AMOUNT OF RENTAL UNITS ALLOWED IN THE BUILDING TO LESS THAN 50% OF THE TOTAL UNITS. THE REASON WHY THIS IS NECESSARY IS THAT MOST MORTGAGE LENDERS WILL NOT LEND ON A UNIT IN A BUILDING WHERE MORE THAN 50% OF THE UNITS ARE NON-OWNER OCCUPIED. OUR OFFICE HAS HANDLED NUMEROUS AMENDMENTS TO CONDO DECLARATIONS AND CAN DRAFT THE AMENDMENTS AND WALK YOU THROUGH THE VOTING PROCESS.