Full question:
I need information on association dues for condominiums. Our President seems to think he can raise the Association dues whenever he wants without a vote from the whole association (us as owners). Can he do this without a vote from the homeowners?
- Category: Real Property
- Subcategory: Residential Property Disclosure
- Date:
- State: Minnesota
Answer:
The operations of a condominium are typically managed by a condominium association, which oversees the common affairs of the owners. In Minnesota, a condominium association must act according to the state condominium act and its governing documents. The board of managers has the authority to exercise the powers granted to the association by law and its own documents.
Management of a condominium can be done by the unit owners, an elected board, or a management agent. The actions of the condominium association must be authorized by the applicable condominium act, its bylaws, and the declaration. This means that the association operates as a separate legal entity, distinct from its unit owners, similar to how a corporation functions independently of its shareholders.
Therefore, the president cannot unilaterally raise the association dues without following the procedures outlined in the governing documents, which typically require a vote from the homeowners.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.