Board Common Fees Condominium Financial

Does Condo Basement Owner Have to Pay Common Fees?

J.J. from outside of Connecticut writes: Dear Mister Condo, I own a Basement in a condo unfinished, no electric plumbing just a concrete box for storage. Do I need to pay common charges? Is the board able to make me pay? Mister Condo replies: J.J., when you say you own a basement in a condo that is unfinished, I first have to ask how that is possible. You don’t own a unit in the condo as…

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Condominium Crime Legal Renting

Is Condo Landlord Liable for Illegal Actions by Tenant?

M.J. from outside of Connecticut writes: Dear Mister Condo, Is the condominium unit owner responsible for their renter’s theft of property of another unit owner’s unit? Mister Condo replies: M.J., thanks for writing and I am sorry that your tenants have put you in this position. The short answer is “it depends”. What it depends upon is local and state law that govern such issues. As a landlord, it is generally held that you are…

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Buying Condominium Parking

Purchasing a Condo Parking Space

B.W. from Tennessee writes: Dear Mister Condo, I currently own two condos in Knoxville. The building is adjacent to a university and I purchased the condos for my kids to live in while in college. Each came with one deeded parking place. When the building was originally sold, buyers could choose to purchase an additional parking place. One owner who did so recently sold his unit and wants to sell his extra parking place. We…

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Board Condominium Parking

Condo Parking Space Reassigned After 17 Years!

C.E. from outside of Connecticut writes: Dear Mister Condo, In 1999, my mother purchased her condo and was assigned her parking spot. We have never had any issues with our personal parking spot. The only issue many condo resident have is lack of parking or abuse of parking spaces. Well we now are being told after 17 years that the spot was not assigned correctly and they are switching it with one of the other owners.…

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