S.M. from outside of Connecticut writes: Dear Mister Condo, This past winter a pipe burst in the unit above mine. Needless to say, I got the majority of the damage. Drywall of my entryway, part of my living room, and my daughter’s room were damaged. I took pictures and documented what I could. The association,…
Category: Board
Condo Association Delinquent on Insurance; Condo Owner Delinquent on Fees
D.B. from outside of Connecticut writes: Dear Mister Condo, My question is pretty clean cut, but first let me say I am trying to fix my obligation. So my question is this. I have condo fee $183 each month, I have not paid in awhile, lets say $8000 worth (includes $25 late fee monthly) however,…
How Often Should the Condo Association Change Auditors and Attorney?
C.T. from Hartford County writes: Dear Mister Condo, Thank you for being there to answer questions. What a grand resource!!!! –How often should one change auditors for a large condo with a budget [excluding reserves] of over 3.5 M? –Is there a standard/recommended amount of time to have the same auditor year after year? –Also,…
Condo Owners Association Seeks Fire-Damaged Detached Home Rebuilt
J.C. from North Carolina writes: Dear Mister Condo, Detached condos in my area (North Carolina) typically don’t pay for the homeowner’s fire insurance (i.e. owners have to get their own insurance policy for loss). So, if the COA isn’t named insured, and therefore can’t collect on a policy in the event of a loss, can…