J.G. from New Haven County, Connecticut writes: Dear Mister Condo, We have two tennis courts at our condos as one of our amenities. Very few of the residents use them. A few years ago, I mentioned at a condo meeting that there were cracks starting on the courts but the association voted to do nothing….
Category: Assessments
HOA Board Imposes Special Assessment to Rebuild Reserve Fund
D.D. from Mercer County, New Jersey writes: Dear Mister Condo, Can an HOA impose a Special Assessment to simply increase the Capital Reserve? The Board failed to fund the Reserve at an appropriate level in previous years and wants to catch up; no Capital improvements are planned. Mister Condo replies: D.D., New Jersey and several…
Condo Board Changes Use of Special Assessment Funds
H.H. from New Jersey writes: Dear Mister Condo, Does a special assessment, one that is designated and collected for monthly for three years, have to be put in a separate account or can it be transferred to a reserve account where it could be used for work other than originally specified? Mister Condo replies: H.H.,…
Homeowner Requests List of Other Unit Owners Common Fees
D.M. from outside of Connecticut writes: Dear Mister Condo, I am quite certain I am being over-charged condo fees as compared to everyone else in the complex. I have asked my HOA for a copy of the list of condo fees everyone pays. I started asking last year and now I keep asking. One time…