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Massachusetts: I own a 55 plus retirement condo in a complex that is incomplete where the original builder when bankrupt and was recently bought in an auction by new owners. although only 7 were sold out of the 9 finished units the plan originally called for 22 it was not enough to form a condo...
What is the name of your state (only U.S. law)? MA
A MA Condo Developer is in foreclosure the complex is unfinished and he resigned as sole trustee of the association? What are our liabilities if we take over the association and are we required by law to do so? The complex was built in 2005...
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