How are condominium developments run?
Condo developments are run by the HOA and the board of directors. Covenants and restrictions are enforced by the HOA, and fees are collected on a monthly, quarterly, or annual basis to cover building maintenance and repairs, common area maintenance and repairs, insurance, contingency funds, and property management services. All changes to existing regulations, covenants, and restrictions or applying for variances from these will be handled directly by applying for such through the HOA.
