B.C. from Florida writes: Dear Mister Condo, I live in Seminole County, Florida and own a condo which my family and I occupy in a community of 150 units. Many of those units are owned by out-of-state or even out-of-country owners and managed by local property management companies. Our unit was damaged by the unit…
Month: March 2017
Role of the HOA Board versus the Property Management Company
E.P. from outside of Connecticut writes: Dear Mister Condo, Grateful to discover this resource! Looking for material that outlines the role of management versus the role of the HOA board. As president, I’m raising it as a priority for this year to seek balance, lessen frustration and increase communication between the two. We have a…
Developer Delivers New Condo Unit with Clogged Toilet Lines
F.M. from Hartford County writes: Dear Mister Condo, I bought my condo in a development which is still under construction. I closed on and occupied the unit in October 2015. I have had ongoing issues with the toilet in my unit (there are 2 bathrooms, the other toilet is in proper working order). The builder/seller has…
Forcing a Unit Owner to Sell to Make Association Fannie Mae Compliant
M.B. from Southern California writes: Dear Mister Condo, There are 51 units in my building in Southern California. I am aware of a Fannie Mae Guideline that states that no one owner can own more than 10% of the units. In my building, there is an owner who owns 13 units which is 25%+. Because…