C.C. from outside of Connecticut writes: Dear Mister Condo, My association refuses to increase its flood insurance. I want to sell my unit. the cost of individual policies are high. It would be more cost effective to raise the whole building cost but they won’t. Do I have any options? Mister Condo replies: C.C., I…
Category: Board
Can a Person Suing the Condo Association Serve on its Board?
L.W. from outside of Connecticut writes: Dear Mister Condo, Our Homeowners Association is currently being sued by an individual who is neither an owner nor a renter. This individual is a live-in who lives with the owner of the condo in which they currently reside. The person who has sued the HOA now wants to…
Borrowing From the Condo Reserve Fund: Is that OK?
L.P. from Fairfield County writes: Dear Mister Condo, Can Condos in Connecticut use Capital Reserve Funds to pay for operating and general repairs? Can the Board borrow the money from the Reserve fund and then later pay it back with a Special Assessment? Mister Condo replies: L.P., “can they” and “should they” are two different…
Raising Common Fees to Pay for Condo Owner’s Delinquency
T.M. from outside of Connecticut writes: Dear Mister Condo, If a unit goes into foreclosure, can the Board raise the common fees of the other unit owners to pay for the another unit owner’s bad debt? Mister Condo replies: T.M., it is unfortunate, to say the least, when unit owners default on their obligation to…