Max Braun, a mechanical engineer, established a small engineering shop in Frankfurt am Main in 1921. In 1923, he began producing components for radio sets. In 1928, the company had grown to such an extent, partly due to the use of certain plastic materials, that it moved to new premises on Idsteiner Strasse. In 1929, eight years after he started his shop, Max Braun began to manufacture entire radio sets.
Condo associations can evict owners after they foreclose on the members' properties. One of the distinguishing features of a condominium is its ownership and management of the building through a governing association.Generally, homeowner members agree to be governed by homeowners associations (HOAs) and bylaws regulating members' activities.ailing to adhere to HOA bylaws can lead to issues for members. For example, condo community HOAs may be able to fine members in violation of bylaws and foreclose and then evict members that are delinquent in dues.
When you buy your condo, you join a homeowners association (HOA), a group formed by the property owners in a shared-space environment. Together, the members of the HOA set rules and handle the upkeep of common areas and the building itself. Your HOA has insurance that covers many risks in the general building. Typically, this condo master policy is maintained through HOA fees that all of the condo owners pay. Everyone pays a little to insure a lot collectively.