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What is a condominium association and why does it exist?

April 26, 2017Association condominium exist

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What is a condominium association and why does it exist?

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A. Condominium associations are formed to allow owners to manage their community. One of the main purposes of the Association is to enforce a set of covenants (promises) which bind all owners. Individual owners are required to pay monthly condo fees to enable the Association (via a Board of Directors) to operate the association and maintain the common property.