M.O. from Newport County, Rhode Island writes: Dear Mister Condo, We have an owner who has not paid his assessments for a year. He pays his dues, but not the assessments. His mailbox fell down and he wants the association to replace it. Can we say No? Mister Condo replies: M.O., failing to replace a…
Search Results for: special assessment
Spreading the Word About a Condo Special Assessment
S.W. from Pennsylvania writes: Dear Mister Condo, What is the best way to communicate a plan to announce special assessment project? Mister Condo replies: S.W., special assessments are never popular. However, if the condo is going to survive there are times when there simply isn’t any other way to raise the capital to do so….
Requirement to Reveal a Possible Condo Special Assessment
R.B. from Fairfield County, Connecticut writes: Dear Mister Condo, If a Special Assessment is already voted on by the Board (i.e. all units will be assessed $X in 6 months), isn’t it the responsibility of the Property Manager to reveal this in the Resale Certificate? My understanding is that until the assessment is made ‘official’,…
Unhappy with Special Assessment for Condo Parking Area
T.B. from Dade County, Florida writes: Dear Mister Condo, Our condo just got hit by the Board with a $1.7M Special Assessment (approximately $10K per unit) to resurface the parking floors. The Board didn’t provide any engineering report or any kind of official inspection to justify this, except “visual inspection by the property manager”, so…