Consult your own attorney who can review the condo association bylaws and give you an informed opinion as to whether or not the owner's interpretation of exclusivity is correct for your specific circumstances.

Anything can be in a lease but doesn't mean that all of that specific language, some of it, or none of it will be found enforce able by a court of law with a judge.    

It is market specific of course and you want to price it to what the market will bear.

More specifically, are willing to go out of your comfort zone, and if so, are you willing to go as far as "required"?

I don't know about his history specific to multifamilies though. http://dreamweaverinspections.com/

#1: You maintain control over specific value-adding potential. #2: You ALWAYS have to pay full market value for shares. #3: You're MUCH more reliant on the whim of the economy with shares, vs. property.#4: People always need to live SOMEWHERE (even you).#5: It's much easier to BORROW to buy property, vs. shares (and STILL obtain positive cash flow).

For what it's worth, here's the link I found summarizing the code:https://www.cga.ct.gov/current/pub/chap_830.htmIt's a lot of individual sections, but there's no specific disclosure document.Thanks,Robert.

You should be able to check a properties specific tax history on both the county assessors web page, as well as on zillow. 

But for specific advice, mail or talk to the owner and simply tell them you'd like to buy.  

My current RE market of Portland, OR is insane right now for my specific goals of entry level SFR or MFR yielding cash flow.