C.L. from New York writes: The Board of Directors self-manages (no community manager or management company) our very large condominium complex. A question/problem has come forward that I would like your opinion on. The Board inspects common areas around the entire complex. Our offering plan states no plantings are allowed on common ground without permission of the Board. The…
Category: Board
Condo Operating Expense Versus Reserve Charge
J.N. from Fairfield County writes: Dear Mister Condo, When is an operating expense really a Reserve Charge? Mister Condo replies: J.N., typically speaking, operating expenses are those expenses which are incurred during the regular course of business during a calendar year for the association. There are exceptions, of course, as there are some expenses that…
“Granted” Condo Parking Spaces Used to Entice Buyers Creates Long-Term Problem
P.G. from outside of Connecticut writes: Dear Mister Condo, When we purchased our units, many, but not all, came with parking spaces granted legally by the developer. Many owners/tenants are leaving their non-moving vehicles (we have 72-hour “must move” to a new spot rule). MANY others are having their “visitors” regularly use their space. They…
Cleveland Condo Association in Search of Assistance
A.B. from Cleveland, OH writes: Dear Mister Condo, I’m looking for recommendations for a property management company and/or a company to perform a reserve-study. I’m in a medium high-rise building (60+ units) in the Cleveland, Ohio area. Any help is appreciated. Mister Condo replies: A.B., kudos to you and your association for seeking a qualified…