Is there a "best suited" law firm for Developer Turnover Transition to Homeowners?
HIRING TWO LAW FIRMS
Every condominium association should have a general counsel under retainer to advise on day-to-day operations and ongoing legal issues. During the transition period, general counsel can be of great assistance to a new Board in getting acclimated to the varied requirements:
Documents
State Statutes
State Administrative Rules & Regulations
Common Law (court-created law) Governing Condominium Operations
The transition period is also the time for the construction quality of the building and improvements to be evaluated and for Association financial operation during the period of developer control to be scrutinized. The type of law firm best suited to assist in the evaluation and to negotiate a resolution of possible claims is a trial firm experienced in negotiating and litigating condominium construction and accounting claims.
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Every remedial project has the potential of causing damage to building components and personal property. It is typical to charge back the contractor for such damage. Remedial projects requiring work on both the common elements and unit interiors present special challenges in documenting such damage. Balcony slab rehab work on a hi-rise where the slab deterioration extends into the unit is a classic example. In order to complete the job, sliders may have to be removed, carpets or tile pulled up, draperies and window coverings removed and furniture moved. At the end of the job, all this needs to be replaced or reinstalled.