June 2017 - Page 2 of 6 - Ask Mister Condo

Delinquent in Assessments But Still on the Condo Board

By Mister Condo | June 26, 2017June 20, 2017 by Mister Condo

M.K. from Fairfield County writes: Dear Mister Condo, Can members be on the Board who are delinquent in common charges or are in foreclosure? Mister Condo replies: M.K., unless the community association governance documents state otherwise, the answer is “yes”. However, unless there are no other candidates for their Board position, there is no reason the association members shouldn’t seek a member in good standing with the association to serve when the next election cycle…

Board Common Fees Condominium Financial Governance Reserve Fund

Required Condo Reserve Study in Ohio?

By Mister Condo | June 23, 2017June 20, 2017 by Mister Condo

R.D. from Ohio writes: Dear Mister Condo, In Ohio, can a condo owner act as Associate Treasurer and must there be a Reserve Study of the Association Made? Mister Condo replies: R.D., I am not an attorney so I cannot speak to specific laws in your state. You can see a graph prepared by the Community Associations Institute (CAI) of what states require Reserve Studies by Statute here. Ohio isn’t listed as a…

Condominium Financial Governance

Condo Deck Spalling Project Creates Additional Unit Owner Expense

By Mister Condo | June 22, 2017June 20, 2017 by Mister Condo

M.M. from outside of Connecticut writes: Dear Mister Condo, If the condo HOA has contracted with a firm, using funds from an assessment, to do spalling on your deck, is the condo owner responsible for paying for tile removal and replacement and also a sliding glass door replacement they say needs to be removed to do the spalling? Mister Condo replies: M.M., that is a tricky question. My gut instinct is to say that the…

Board Condominium Damage Financial Governance Insurance

Condo Insurance Check Issued to Unit Owner for Building Damage

By Mister Condo | June 21, 2017June 20, 2017 by Mister Condo

S.F. from Fairfield County writes: Dear Mister Condo, Insurance check for house damage was made payable to a condo owner, who is the brother of the president of the condo association. Why did the insurance company allow this? Check amount was substantial, for several thousand dollars. Mister Condo replies: S.F., there are a few reasons that the condo owner was reimbursed directly for an insurance claim. For starters, the policy holder typically designates the payee.…