I have owned this condo for 12 years. The first 2.5 I lived there then moved and used it as a rental property. The neighbors didn't like me when I lived there, and really hated that I was renting my unit. The association is small, just 12 units. When a new board pres was elected, it took 2 years but he got enough votes to change the bylaws so I could no longer rent my unit after threatening legal action if I got a new tenant while they were preparing the vote. So, I put it on the market. I am so close to closing and the "president" is doing everything he can to cause problems. He told the buyer when called for insurance info that he should be careful bc I had drug dealers living there previously. And now won't sign off on the sale bc I am keeping one of the 2 garages that are included.
Real Estate Attorney
If you have an attorney representing you in this transaction, likely a "friendly" word from him or her to the president would settle him down. (If you do not have an attorney, hire one. I know CR is one of those areas where some real estate agents try convince people they do not need attorneys and will "take care of" getting the documents prepared, but that is a rant for another day.) I am not sure I know what you mean when you say the buyer will not sign off on the sale. Is the buyer reluctant to sign a purchase agreement? Is there a valid purchase agreement signed, and the buyer is refusing to close? I would also suggest you ask your attorney about keeping one of the garages. In most cases this would not be allowed under the declaration, bylaws, ordinances, or all three.
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