B.R. from Dixie County, Florida writes: Dear Mister Condo, We have 48 units, 33 deeded boat slips. We have side tie slips in an area for HOA community to use. The problem, slip owners use the common slips as well, leaving less for non-slip owners to use. We just had a situation where an owner…
Month: October 2021
Investing the HOA Reserve Funds
P.K. from New Jersey writes: Dear Mister Condo, Investing condo HOA reserve into term CD’s. Is HOA reserve (non-profit) considered like personal account or business account? And is there restriction as to what type of CDs HOA can invest into? like personal CD or business CD? I am asking because there seem to be rate…
Neighbor Harassment in NYC Condo
R.F. from New York, New York writes: Dear Mister Condo, I have 2 new neighbors who I believe to be members of organized crime groups. Both want to steal my condo from me. Yesterday, one of them created a story about my Father….that my Father worked in a Hospital and took me to the hospital…
Commercial Truck Parking Overnight at Mixed-Use Condo
M.S. from New Haven county, Connecticut writes: Dear Mister Condo, Our 7-floor condo high-rise has two lower floors dedicated to “commercial use”. These are offices with services such as insurance, real estate, counseling. They park on a dedicated parking area connected to our residential parking (not separate). Problem is that for the third time in…