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by CareyBot

DEAR BENNY: I live in a condominium with 100-plus units. Our board recently adopted a rule that basically states that before any unit can be sold, the board has to receive and approve a copy of the sales contract as well as the financial information of any potential purchaser. Is this legal? --Carla DEAR CARLA: Whenever I receive a question about the legality of something that occurs in a community association, whether that be a condominium, a homeowners association or a cooperative, the first thing I have to do is to look at the operative state law. Many states have enacted the Uniform Common Interest Ownership Act (UCIOA), which governs and controls all community associations in that state. For example, in UCIOA, there is a requirement that the declaration of the association m...