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Updated over 5 years ago on . Most recent reply

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24
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3
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Steve Gerten
  • Specialist
  • Minneapolis MN (minneapolis, mn)
3
Votes |
24
Posts

How to get rid of an association in a condo

Steve Gerten
  • Specialist
  • Minneapolis MN (minneapolis, mn)
Posted

We own a few units in a 6 unit condo building. The opportunity to purchase 2 more just came up (bringing us to 4 out of the 6)and so we are nearing our goal of owning the entire building.

I’m now curious how we go about getting rid of the association and the management company that is running the show. I’m not really sure I understand the associations value if we could just bring it in-house down the road.

Would love your thoughts on how we should move forward if anyone has taken this approach in the past!

Most Popular Reply

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1,963
Posts
2,357
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Darius Ogloza
  • Investor
  • Marin County California
2,357
Votes |
1,963
Posts
Darius Ogloza
  • Investor
  • Marin County California
Replied

The association should have bylaws that discuss dissolution.  Why dissolve when you plainly have the clout to control all of its activities (including replacing management) with your voting power?  

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