Common Fees Financial Governance

Falling Behind on Common Fees

D.G. from Fairfield County writes: Dear Mister Condo, How many months can a condo owner fall behind in condo fees before legal action can be taken? Mister Condo replies: D.G., when a condo owner falls behind on their individual common fees, the whole community suffers. Therefore, it is in everyone’s best interest that immediate action be taken to remedy the situation. Depending on the community’s by-laws, initial action may be taken in as little as…

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Damage

Hurricane Sandy

I am saddened by the loss of life and property that has fallen upon the Northeastern United States this past week. Hurricane Sandy brought fear and panic into our lives before her devastating impact. Millions continue to suffer as the clean-up, rebuilding, and power restoration continue. While not as hard hit as our Northeast neighbors in New York and New Jersey, Connecticut also took a major hit and continues to struggle with its relief efforts.…

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Assessments Board Common Fees Condominium Damage Financial Insurance

Must I Pay Common Fees While Fire Damage is Repaired at my Condo?

J.L. from New Haven County writes: Dear Mister Condo, Do I have to pay common charges while the building is being re-built after a fire? The entire building is condemned and will take 6-9 months to re-build? Mister Condo replies: J.L., I am sorry for your loss. Fire damage and the resulting cleanup can take quite a long time for most communities to recover from. The short answer to your question is “Yes”, you do…

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Board Condominium FHA Financial Governance Renting

Are There Laws About Condo Leases?

S.N. from New Haven County writes: Dear Mister Condo, Does CT law mandate that a certain amount of units must be allowed to be leased by owners if they so desire?  Can the rules be written to not allow units to be leased at all? Mister Condo replies: S.N., thank you for the question. As you know, I am not a lawyer so I cannot offer a specifically legal answer but I am not aware…

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