J.G. from Windham County, Connecticut writes: Dear Mister Condo, We are a condo association in Connecticut with 92 free standing individual units; no multi-unit buildings. Our declaration includes an A-2 Schedule which lists the square footage of the units and this area determines the Unit owner condo fee. To date this schedule has been updated…
Search Results for: common fee
Who Pays Common Fees for Uninhabitable Condo Unit?
L.C. from New Haven County, Connecticut writes: Dear Mister Condo, If a unit owner is displaced because of a fire in an adjoining unit are they liable for their common charges until they can move back into their unit? Mister Condo replies: L.C., unit owners are only liable for their own common charges. In other…
Condo Common Fee Delinquency Calls for Effective Collections
S.M. from Franklin County, Ohio writes: Dear Mister Condo, There are a lot of common fee delinquency problems due to a poor previous management company. My question is how do we collect effectively? Mister Condo replies: S.M., relying on your management company to collect delinquent common fees really isn’t a sound strategy unless the management…
Consumer Price Index Dictates Condo Common Fees
Dear Mister Condo, J.L. from South Carolina writes: I’m president of an 8-unit condo with no reserve. Current dues to each owner are $175, total, $1,400 monthly. By the time we pay all the routine bills and management $260/monthly, we are left w/ no money to do anything. I’ve tried to increase dues, but management tells me we…