Lawyers: You CAN Recover Cash When Condo Sponsors Underfund Reserves

By Adam Lietman Bailey Rainy Day Money – Condo Style Reserve Fund Obligations  Do you live in a condominium conversion? Are your reserves underfunded? As a condo board you may be able to recover millions of dollars from your sponsor. Sponsors of condo conversions really have only one material obligation: to provide sufficient money for … Continue reading Lawyers: You CAN Recover Cash When Condo Sponsors Underfund Reserves