If/when we split and if/when there is a dispute as to the properties, I fully intend to let this document be the one that governs a judge's decision should we find ourselves in that position and my boyfriend says the same thing.  

Total amount due is $ 14,500 but as HOA Governing doc… states that we have to pay half and bank will have to pay half.I wanted to know if there are any options for us to work this out with Bank or Home association?

Not in the spirit of federal loan (government subsidized) loans, the SAFE Act, potentially fraud statutes, may be against 'public policy' interests, etc.

The tenant population is primarily cash based so leases mean little and many have government subsidies.

@Eric Armstrong- Does your community have an HOA or governing covenants?

The VA, FHA and other government approved loans have very specific requirements regarding condominiums.

If you go to Trinity, UIW, or SACC, I suggest looking in Beacon Hill, Five Points, Government Hill, or maybe even Los Angeles Heights.  

The Chinese government devalued their currency.

I am trying to compete with market price so not to lose passive income or take anything out of my pocket. 2)  does the regulations of tenant- landlord guideline listed in the nyc government site still pertain to me?

Your preliminary title report would tell you whether the property Provides you an ingress/eagress easement which may be reciprocal to: a) the roadway property (b the property in question and c) all the properties adjoining the roadway (and possibly in the development.Once you've gotten to the point of figuring out who owns what and what land is encumbered by an easement to whom then you'll also want to try and find out if there is an operating and maintenance agreement on file with the governmental agency that issues the original parcel/lot approvals.And to answer your question, yes developers create separate roadway parcels and depending on the time either keep ownership with an operating agreement dictating use and maintenance (and perhaps paying property taxes, deed them to a local government (although without a requirement for maintenance (sometimes) or make them part of an hoa.I bought the property, and worked through tracking down ownership, getting lots splits and correcting the easement and creating an operating agreement for maintenance with the neighboring property owners that also benefited.