What risks should you focus on in HOA documents before buying a condo?

Many clients buying a condo only look at whether the monthly fee is high at first, only to later discover that the HOA documents hide many things that affect daily life and resale value. The monthly fee is just the surface; what you really need to look at is where the money is being spent, whether the building is at risk of major repairs, and whether the rules will restrict how you use the…