Board Condominium Damage Financial Governance Legal

Short-Circuited and Short Changed at this Condo

D.Y. from Windham County writes: Dear Mister Condo, I have lived in my condo for 8 years and over the last 4 years there has been a drop in voltage when someone hits the elevator button and all my lights dim and turn off. We have had engineers and DWP look over everything and they thought it was the elevators engine which was replaced but it did not fix the problem. At this point I…

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Board CIOA Communications Condominium Governance Parking Rules Enforcement

HOA Parking Problems

R.M. from New Haven County writes: Dear Mister Condo, I’m a new president of 55+ community and could use some advice. We have been trying to limit parking on the roads of our community. Each homeowner has a garage and driveway and we have limited overflow. It was projected that unit owners would house one or two cars. But many unit owners now have in-laws and children that have moved in with them and they now…

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Assessments Board Common Fees Condominium Financial Governance Reserve Fund

How Much is Too Much for the Condo Reserve Fund?

L.D. from Ohio writes: Dear Mister Condo, Our condo community has 40+ units. We have $160K in our Reserve Fund. We recently completed new roofs on all units, all paid for by association funds. Thee is more than enough money in our operating account for the normal expenses (lawn care, snow removal, etc.). My question is should we keep saving when we have so much available and never dip into it as fees take care…

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Condominium Governance Parking Renting

Miami Condo Parking Spaces Reassigned and/or Sold

C.M. from Miami, Florida writes: Dear Mister Condo, Question 1. If we have 21 parking spots and 18 units and the spots are common ground, can we change the condo docs and now sell the lots to owners that want them? Question 2. Our condo has 21 parking spots and 18 units. The condo docs say it is common area, but spots are given to owners not renters. Is this legal? Mister Condo replies: C.M.,…

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