I’ve blogged a lot about condo law for a reason. (See here and here.) Condo homeownership is fairly new to Oregon, and a lot of Oregon lawyers, and there is an awful lot of Feeling your Way going on for condo buyers, sellers, boards, lenders, owners, management companies, and lawyers.
An Oregonian article by Jeff Manning on Sunday, 1/6/08, “If these walls could talk, they would quarrel,” was particularly good, though it may put you off condo-ownership completely rather than simply alerting you to the pitfalls. Condo ownership may be just what you need and want, but it’s good to know the risks (so says the public law librarian who hears a lot about the risks, the aggravations, and the lawsuits).
Excerpt from the article, but do read the whole thing, especially if you’re thinking about buying a condo (and read a whole lot more on the subject too):