Signatory Issues at this Condo

E.M. from Fairfield County writes:

Dear Mister Condo,

I took control of my 4 unit condo after many years of inactivity. I filed the required state application. Habitat for Humanity has to sign off as a Signatory. All but one of the units are mortgage-free. Habitat states they cannot intervene in our issues but they are a signatory? What are their obligations to this association as a signatory?

Mister Condo replies:

E.M., as you know I am not an attorney. I always recommend you speak with an attorney when a strictly legal issue comes up as I couldn’t tell you the difference between a signatory and a sign post. Fortunately, I have plenty of attorney friends I can turn to when a question like yours pops up. Here’s what the attorney had to say:

“It depends entirely on what Habitat is a “signatory” to and what you’re asking it to “intervene” into.   A signatory is just a person who has signed something.  You’d need to read the language of whatever document Habitat signed to determine its rights and obligations.  I would recommend talking to an attorney to get your questions answered”.

That sounds like good advice to me, E.M.. Now I know the difference between a signatory and a sign post! Good luck!