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Financial Crisis Hits Condo Associations: As more homeowners fall behind on dues, those who are able to pay suffer

The Wall Street Journal had a piece about how the current economy is affecting condominium associations and in particular, condominium unit owners. A very timely subject for many property owners and prospective condominium unit buyers in the Ocean City Maryland area:

“People often buy a condo unit partly because they don’t need to worry [...]