Condominium Law Attorney Helping Residents of Rhode Island, Massachusetts and Connecticut
Condominium associations throughout Rhode Island face a number of challenges from creating to managing their condos. State and local law add another level of complexity to the work these groups do in developing condominiums and enforcing community rules. Retaining seasoned legal counsel will help your organization protect its rights and understand its obligations. The attorneys of Palumbo Law represent condominium associations to assist them with all aspects of their work.
Overview Of Rhode Island Condominium Law
The primary law that governs condominium associations is the Rhode Island Condominium Act. This law controls everything from the creation and modification of associations to the enforcement of rules and the protections that purchasers enjoy. More specifically, the statute contains important provisions for the following matters (among others):
- Creation, alteration, and termination of condominiums
- Enforcement of condominium declarations, bylaws, and rules
- Assessments for common expenses
- Assessments for rule violations, including collections and liens
- Foreclosure of condominium liens
- Required meetings of condominium associations
- Legal protections for individual condominium purchasers
Having competent legal counsel will mean the difference between carrying out these duties effectively and productively versus incurring legal liability and other problems. Your association deserves a law firm that is experienced in handling these and related issues.
Services Our Firm Offers
Palumbo Law provides comprehensive legal representation to any Rhode Island condominium association, regardless of its size or need. Some of our clients retain us for specific duties or to handle an unexpected legal matter that needs quick resolution. Others work with us over the long term, from initial planning and development to enforcing assessments and litigation. Our firm offers these and other services:
Creating and converting condominiums. Beginning a condominium project, or converting an existing property to a condominium, is no simple task. It is a process that invokes numerous rules and requirements, one in which we are prepared to guide your association.
Drafting, amending, and reviewing condominium documents. We help associations with a number of different critical documents they need to govern their condominiums, including declarations, bylaws, rules and regulations, and much more.
Rule enforcement. Condominium owners are likely to run into problems with one another, invoking the need for fair and efficient enforcement of applicable rules. Associations themselves often need help with a unit owner who is in violation. We work with associations to enforce their rules in a manner that protects the respective owners’ rights.
Assessment collections and lien foreclosures. Condominiums require ongoing assessments for necessary services (e.g. landscaping) and, occasionally, special assessments for unexpected costs or unique needs. Not all owners pay what they owe, so we assist with collections, liens, and lien foreclosures.
Condominium association lending. We represent both lenders and borrowers in procuring loans that are mutually agreeable and meet their respective needs. Our firm is one of only a few that close condominium association revenue stream loans, so we work with you from start to finish.
FHA certification and recertification. Before condo buyers can finance their purchases with an FHA loan, condominium associations must be approved by the FHA. We assist with all aspects of the certification and recertification process.
Resale certificates. Prior to completion of a condominium sale, the owner must provide a resale certificate to the purchaser. These certificates are required to contain specific and detailed information. We help prepare the necessary documentation in accordance with state law.
Operational matters. Condominium associations have a number of obligations related to their ongoing operations, including those concerning meetings, budgets, the board and management, third-party vendors, and more. Our firm assists with all aspects of operations so the association is run efficiently.
Insurance. By law, condominiums must maintain certain property and liability insurance policies. We understand the technical requirements of these policies and work with associations to obtain appropriate insurance coverage.
Dispute resolution and litigation. Unit owners, boards, and property management companies will likely have disputes arise among them at some point. We can effectively mediate these disputes. In some cases, condominium associations are either sued or need to file suit to protect their rights. Our litigation team is ready to advocate for you.
Experienced Representation For Your Association
The above matters, along with many others, require more than a general practice law firm. Rhode Island condominium law is complicated and could be impacted by local rules and regulations depending on where you are located. Put simply, you need a law firm with a dedicated focus on the specific legal challenges your association faces. Palumbo Law specializes in real estate, with an emphasis on condominium law.
When you retain us, our attorneys first take the time to understand precisely what legal needs you have. Then, we explain our process along with the governing law and any options you may have. Finally, we develop and carry out a plan to meet those legal needs in a professional, timely, and cost-saving manner. Our focus is on you, our client, and we represent you from beginning to end.
Contact Our Rhode Island Condominium Law Attorney
If you’re ready to get started with your condominium matter, or you still have questions, the first step is to reach out to us. Palumbo Law is ready to schedule your confidential consultation today, so give us a call or use our web form to contact us.