Condo Arrears: Cutting Them Off At The Amenity Pass

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By Legal Talk. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Condo amenities are great – there are gyms, pools, tennis courts, playrooms, and roof decks, and they all add to the value of apartments. But there’s a dark underbelly to all this glitz: when owners fall behind on monthly common charges, they stand to lose access to these goodies. That is the case at a Long Island condo, and the board is wondering if it can cut off the delinquents at the amenity pass. Listen as Theresa Racht, partner at Racht & Taffae, and Steve Wagner, principal at Porzio, Bromberg and Newman, untangle the problem for the managers.

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