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December 2016
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"Ask the Expert"

Can a rent to own condo tenant serve as a board member?

Q. An owner in our building has a tenant who has a contract to purchase the unit on a "rent to own" basis. Since the tenant is not yet legally an owner, can she be responsible for voting on the board members or even serving on the board herself?

Can the board fine me for not having unit insurance?

Q. My condo association board enacted Rules & Regulations that state that all owners must have their own insurance and that we are to provide a copy of our insurance policy every year or we would be in violation of the rules.