M.J. from Brooklyn, NY writes: Dear Mister Condo, I’m a unit owner, my wife is on the condo board. I got into an altercation with a stranger in front of our building. The guy was injured. He went to the hospital and filed a false report that I walked up to him and just beat…
Month: February 2017
Condo Owner in Arrears Seeks to Purchase Second Unit
R.D. from outside of Connecticut writes: Dear Mister Condo, We have a small commercial condo complex. A current unit owner is in arrears for over $4000. He is trying to purchase a unit that is for sale. Can we block him from making the purchase until his other unit fees are paid in full? Mister…
Condo Documents Call for an Audit
E.S. from outside of Connecticut writes: Dear Mister Condo, If only an audit is required by a condo declaration does it need to be “certified”? Mister Condo replies: E.S., the answer lies in your documents and state law. If neither the documents nor the law require a “certified” audit, then an audit may suffice. The…
Self-Managed Condo License Requirement
B.D. from outside of Connecticut writes: Dear Mister Condo, When self-managing condos, do you need a real estate license? Mister Condo replies: B.D., I think you are referring to a community association management license versus a real estate license. A real estate license has nothing to do with managing a condominium. Generally speaking, self-managed condominiums…