Skip to content
Land & New Construction

User Stats

1
Posts
0
Votes
Klaus Holzapfel
  • Developer
  • Denver, CO
0
Votes |
1
Posts

Selling townhomes as condos & creating an HOA for it

Klaus Holzapfel
  • Developer
  • Denver, CO
Posted Nov 11 2021, 08:27

I'm building 11 townhomes in North Denver and plan to sell them as condos.
These buildings will have shared community gardening and parking.
I'd like to find an attorney that can help with setting up the HOA & bylaws.

The units are all set up as separate entities (separate solar systems, etc...).
Yet, there is actually quite a bit to think about in terms of maintenance & other hoa rules.

How is the watering of the shared gardening space being handled?
How much builders risk do I have to assume?
Does an external management make sense for such a small HOA?
How do you best position the HOA as a benefit to the future condo owners to get the best sale price?

I'd appreciate any recommendations and insight from the community.

Loading replies...