Condominium Associations (COAs)

Capital District, New York

What Is a Condominium Association (COA)?

A Condominium Association (COA) is an organized body of condo unit owners responsible for managing and maintaining the shared areas of a condominium complex. At Premier Property Group, we help homeowners understand and navigate COA-managed communities so they can make informed decisions about their next home. Governed by a Board of Directors elected by residents, the COA ensures the community runs smoothly and property values are preserved. Have questions about COA-managed homes? Contact us today.

What Does a COA Do?

• Maintenance & repairs: The COA handles upkeep of shared spaces such as: - Hallways & Lobbies - Elevators - Swimming Pools - Landscaping & Parking Areas
• Financial management: Each owner pays monthly dues that fund: - Routine maintenance - Building insurance - Reserve savings for future repairs - Utilities for common areas
• Rule enforcement: To maintain a safe and pleasant community, the COA enforces rules around: - Noise levels - Pet policies - Use of amenities
• Dispute resolution: The COA may mediate disputes between residents and address community concerns.
• Property value protection: By ensuring the complex is clean, safe, and well-maintained, the COA helps protect—and potentially increase—your investment.
  

How It Works

• Board of directors: Elected condo owners oversee policies, budgets, and contracts.
• Management company (optional): Many COAs hire a professional firm to handle daily operations like dues collection, maintenance coordination, and vendor negotiations.
• Governing documents: All residents must follow the CC&Rs (Covenants, Conditions, and Restrictions), as well as the association’s bylaws and rules & regulations.
• Shared ownership: Owners have individual title to their units but collectively own and share responsibility for common areas.

Ready to explore COA-managed condos or townhomes? Contact us to get started.

Reach Out to Us

Have questions about living in a COA-managed community or need help finding the right home? Our team at Premier Property Group is here to guide you every step of the way. Get expert support, personalized recommendations, and a smoother home-buying experience. Ready to explore COA-managed condos or townhomes? Contact us to get started.