In this edition of Ask Curbed, we delve into the world of condo boards. A reader asks:
If a condo board decides it wants to purchase a unit from the sponsor (not a right of first refusal case) on behalf of the building, must all the unit owners be assessed their proportiate share? Even if a majority (55%) votes for this, could individual unit owners opt out of the purchase if they choose? Or are they compelled to pay a large assessment against their will just because the board might think this is a good idea?'Tis the season for sharing. Let's hear what you think.