To: Kaslin
Something to remember here is that there is a huge difference between a condominium and a co-op. In a condominium you own a unit and have a title to the property. In a co-op you own a stake in the co-op corporation and the right to lease your unit.
This leads me to believe that a co-op board can exercise a lot of power over residents that a condo board cannot.
To: Alberta's Child
Even condos can ban——with a vote by owners———66-67% in most cases.
10 posted on
04/18/2017 6:15:40 PM PDT by
Mears
To: Alberta's Child
In the article, the writer states several times that the units are purchased just like buying a house.
11 posted on
04/18/2017 6:18:12 PM PDT by
philetus
(Keep doing what you always do and you'll eventually get what you deserve)
To: Alberta's Child
In a condominium you own a unit and have a title to the property.So?
The same is done in an area covered by an HOA.
IT seems to have a lot of POWER as well.
Smoking?
No power.
PAint your house the WRONG color??
31 posted on
04/19/2017 4:45:00 AM PDT by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
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