Condominium Associations Remain Vulnerable to Hostile Takeover
By Deborah Goonan In recent years, news media have reported an increasing number of instances of investors buying up multiple condo units within a project, with the intent of taking control of the Condo Association. Investors range from wealthy high-stakes developers of multi-million dollar condo towers to family members or individuals interested in gaining control of small Associations. See the Related Reading list at the end of this blog for a few examples. Usually, an Continue ReadingCondominium Associations Remain Vulnerable to Hostile Takeover