1.
|
A developer may ensure that any
unsold units will remain marketable,
since the board of directors will have a positive obligation to
maintain the building at the standard established by the developer. |
2.
|
The classification standards and
its enforcement will ensure that the
building does not decline in any of the three categories or criteria
(financial health, physical maintenance, and physical quality).
This is of the utmost importance for a developer’s branding and
reputation over the long term. |
3.
|
Condominium classification can
be used as a marketing tool, particularly for the larger developers. |