Approximately 74.1 million Americans reside in a subdivision, condominium complex, or other planned community that is administered by a community association.
Community associations are governed by a board of directors,...more
Community associations ("COAs") are not typically thought of as property owners outside of perhaps the clubhouse, pool, or tennis courts.
However, COAs can and do own those and other types of real estate in many...more
Buildings do not last forever.
Eventually, gravity and time will prevail over concrete, steel, wood, and glass. The risks associated with that life span are captured well in transactions related to single-family homes and...more