- Thread starter Abuela
- Start date
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Condo Law
Not likely, unless they have people living in there.Are developers required by law to pay association fees on unsold units once an association is formed?
Yes, I would agree, but the OP is talking about the developers.Isn't it the ownership that counts, and not if you are living there or not ?
Surely they wouldn't be expected to pay condo fees on units they have not yet sold.
If there is a special "law" in the condo rules that says they have to, then so be it.
If not, one would have to refer to standard condo association "laws/rules", IMHO.
A good civil lawyer would know for sure.
It depends on what the condo regulations say. If the developer gets good counsel, there will be a provision in the regulations stating that he or she will not have to pay maintenance fees for unsold units. Otherwise, the developer will have to pay since the general rule is that common expenses should be divided up among all the owners.
bylaws
assuming there is no such provision in the bylaws then the developer who owns the unit is legally required to pay the maintenance from the time the association is formed. Correct?
would it be correct to say that every owner is bound by the bylaws including the developer and that nothing supersedes the bylaws.
assuming there is no such provision in the bylaws then the developer who owns the unit is legally required to pay the maintenance from the time the association is formed. Correct?
would it be correct to say that every owner is bound by the bylaws including the developer and that nothing supersedes the bylaws.
That is correct. Only Condominium Law #5038 may supersede the bylaws in matters of public order. The issue at hand is not mentioned in the Condo Law.