Dear PoPville – Advice for first-time condo owners in new building?

by Prince Of Petworth October 15, 2012 at 2:30 pm 16 Comments

Photo by PoPville flickr user pablo.raw

Dear PoPville,

I own a unit in a newly developed 3-unit condo building (converted rowhouse) in DC. The unit sold a couple of months ago, and we three unit owners have no idea what to do next. Our bylaws, which layout the structure and operations of our condo association, were recorded by the developer with the Recorder of Deeds, but that is it. We have not ever registered with the DC Govt as an LLC or any other business entity. Do we need to do this? If so, is an LLC the best structure, or something else? Are there any good resources to help three new and first-time condo owners?


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