The answer is complicated and depends on your governing documents.
HABITAT
Showing articles 1 to 10 of 63 results
returned by “Sponsors”
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ArticleTopicsColumn TypeIssue
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Can a Holder of Unsold Shares Vote at the Annual Meeting?
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Investing In-House
Buying sponsor apartments pays off for Birchwood House.
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Sponsor Self-Dealing
You hear a lot of horror stories about physical defects in newly constructed condos, but not so much about boards taking over from sponsors and then discovering irregularities.
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Sponsor Obligations
Corporate documents will spell out if a sponsor can hold on to rental units or is required to sell them to independent purchasers.
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Sponsors Can Leave Knotty Problems When They Give Up Control
It’s up to new owners to read the fine print.
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When the Sponsor Won’t Go …
Give him the boot.
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Battling the Sponsor
Lynn Van Den Hende talks about the struggles of dealing with an uncooperative sponsor.
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Sponsors: When They Stay and When They Go
The fallout when the developer won’t fade away.
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The Power of the PW1
Sponsors cannot do whatever they want when it comes to alterations.
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Ignorance Isn’t Bliss
A meritless claim could end up costing your building.
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