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How Can We Resolve Condo Disputes Short of War?

Question: I’m on the board of our community association and wonder how disputes between residents can be quickly resolved without litigation or bad blood. Answer: There ought to be a better way to resolve disputes short of lengthy and costly lawsuits and there is: Many contracts require that disputes must be resolved by binding arbitration. [...]

3Sep2008 | | 0 comments | Continued
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Can I Buy An Under-Priced Co-op Without Board Concerns?

Question: I have an opportunity to buy a co-op for $150,000 even though similar units in the same building typically sell for $190,000 to $200,000. Is this deal too good to be true? Answer: The arrangement is probably both true and unlikely to conclude with a sale. Co-op sales are unique in that they require [...]

30Aug2008 | | 0 comments | Continued