D.Y. from Windham County, Connecticut 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…
Month: December 2013
HOA Parking Problems
R.M. from New Haven County, Connecticut 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…
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…
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…