Forget the condo in Boca or the anonymous, singles-only, low-rise golf-course abodes on the edge of town that you may have associated with condos if you’re not from San Francisco or New York. In urban areas like ours, condominiums comprise a huge and expensive part of the real estate inventory in the City. Just as the rest of the city’s inventory, variation in this sector is enormous. From a Twin Peaks economy 1970s model for $300,000 to the gleaming South Beach/FiDi Penthouse in the sky for $20,000,000, you will see almost every type of condo in the City proper. Here are a few items you should know about condos, the laws, documents and entities that govern them. Most HOAs in large buildings will be assisted by property management companies; management will be more procedural and formal. For smaller associations (let’s say 2–4 units) matters are handled more informally where personal relationships and politicking is the norm. Both approaches have detractors and benefits. It’s just a matter of which is right for your needs.