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…
Category: Board
“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…
Condo Association Takes Over Unit Owner’s Deeded Parking Space!
L.I. from Massachusetts writes: Dear Mister Condo, My condo was purchased with 2 deeded spaces. The trustees have put a plow in my 2nd spot. They did not ask and I have sent 3 emails asking for them to please remove the plow. It’s a deeded space and they do not have my permission. They…