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debi wrote:
> I'm a manager for a Condo building that was built in the 1920's. It
> was an apartment building until the 70's when it was made condo's.
>
> According to the Sec of States website I see where the Assoc.,Inc. was
> dissolved, but can find NOTHING of it being put into another name.
>
> I'm getting worried that the "quote" 'Homeowners Association' that
> exists now, is not really legal. AND...that none of them understand
> what might have been 'pulled over their eyes'.....
>
> Am I worried with no reason?
>
> Should they be a corporation?
>
> There was some indication - from a letter received last year, that the
> original 'owners' (3 lawyers) still own the air rights, as they never
> turned over the corporation. I do not have the letter in front of me
> for a quote.
>
> I've written an email to the SOS but haven't received an answer yet.
> And knowing the government is overworked, it may take a while!
>
> Any help on this would be appreciated.
> I'm trying to get this group straightened out with a lawyer on
> retainer, but they are in some financial distress at the moment. In
> the meantime, I need all the free advice I can get.
>
> Thanks, Debi Scott
>
Forget about any letters!
Always go by the recorded documents in the counties registrar office.
Get all governing documents CC&Rs, Declarations, Articles of
incorporation if any, Bylaws etc.
Get lot and parcel numbers and go to county county.
-Sub
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Re: To incorporate or NOT??
