M.M. from Fairfield County, Connecticut writes: Dear Mister Condo, 2 questions: We are a 36-townhouse community (in 5 buildings) that is 5 years old. We had a capital reserve study done about 3 years ago and the report we received said we should be putting $45,000 per year in reserves. This seems high – your…
Month: November 2020
How Many Years Can a Condo Board Member Serve?
L.A. from Palm Beach County, Florida writes: Dear Mister Condo, Is there a limitation, by law, of the number of years a condo board member can be on a board? Mister Condo replies: L.A., yes and no! Florida law does limit a single person from serving more than 4 consecutive 2-year terms (total of 8…
Properly Amending the HOA By-Laws
J.H. from Washington, D.C. writes: Dear Mister Condo, My HOA has voted in favor of the following rule – how do I formalize the amendment to the bylaws? New rule implementation – As of 9/15/20, the Grey HOA requires professional dryer vent cleanings once every 3 years. XYZ Association will negotiate a price and arrange dryer…
Who Replaces the Resigned Condo President?
W.S. from New Haven County, Connecticut writes: Dear Mister Condo, The president of the association has sold her unit and left. Who replaces her and how? There is a Vice President, a Secretary, and a Treasurer. Mister Condo replies: W.S., it isn’t uncommon for Board Members to leave their associations. After all, they are human…