Although nobody wants to be involved in a condo dispute, it goes without saying that this is all too common.
The day-to-day operations of a condominium board or co-op is more confusing than many people believe. For this reason, it's not uncommon for internal disputes to move to the forefront at some point.
It doesn't matter what side of the fence you sit on – a member of a condo board or a resident – you could find yourself dealing with the following challenges:
-- Enforcement of rules
-- Meetings and elections
-- Breach of fiduciary duty
-- Conflict of interest
-- Common charge and maintenance fee disputes
-- Right of first refusal
-- Construction litigation
At our law firm, we have many years' experience helping condo boards and residents work through these problems (among many others). Although there may not be a simple solution, it's safe to assume that both parties can work something out with the right approach.
Litigation may appear to be the only option, but this isn't typically the case. Many people find that they are able to reach an agreement with the other party through structured negotiations.
Despite the fact that nobody wants to deal with a condo dispute, these have a way of popping up every now and again. If you find yourself on either side of a dispute, don't hesitate to collect the necessary information and learn more about your legal rights. By taking the right steps along the way, you'll soon realize that you can put the problem in the past soon enough.