Y.L. from Long Island, New York writes: Dear Mister Condo, The developer hasn’t repaired leaks in individual units that resulted from an improperly constructed roof of our new condo building within the 6-year warranty period. He has now transferred the remaining ownership of his unit to his new company and he says the former company…
Search Results for: developer
Developer Turn Over in Condos and HOAs
R.W. from Stone County, Missouri writes: Dear Mister Condo, What does it mean when a resort developer turns over the properties to the master board? At that point, is the property deeded in the name of the COA? I realize that each condo is deeded to the owner of the condo, but I would be…
Cracked Concrete Roads at Condo in Developer Possession
R.A. from Macomb County, Michigan writes: Dear Mister Condo, Our condo is still under the developers control (less then 3 years old and only 50% of the units have been built). The concrete streets are starting to crack due to the heavy machinery traffic that uses our roads. Who is responsible to repair those roads……
Developer Defaults on Mortgage on Land Beneath Condominium
K.W. from New London County, Connecticut writes: Dear Mister Condo, My daughter owns a condo in a small development, there is only one building with 4 units which she bought less than 2 years ago. Two other units have also recently sold within the last year. My daughter recently received a letter from a Real…