B.D. from Beaufort County, South Carolina writes: Dear Mister Condo, Should my HOA commission a rebuild estimate every five years? What proportion of the rebuild estimate should be insured? For example: if the rebuild estimate is $20 million and the insurance limit is $16 million is this enough? If an engineer survey of the structure…
Category: Board
Condo Dock Owner’s Association Dues
D.B. from Pinellas County, Florida writes: Dear Mister Condo, Our Dock Owners Association requires an annual contribution of $500 to be used for operating expenses. Can those funds be used for other purposes, such as legal fees? Also, do you know which Florida governmental agency regulates Dock Owners Associations? Mister Condo replies: D.B., if you are…
Condo Owners Forced to Buy New Storm Doors
K.B. from Rockingham County, New Hampshire writes: Dear Mister Condo, Can an association change the storm door style and force all unit owners to change their doors? I don’t recall voting on this. I also have the letter from the association (maybe 5 years ago) that showed the approved door style. I replaced my door…
Condo Board Splits on Vote for President
M.I. from New Jersey writes: Dear Mister Condo, We have a 5-member Board. After the Annual meeting, the Directors nominate and vote on officers’ positions. If a Director is nominated to be President of the Board and 2 directors vote yes, and two directors vote no, does the Director nominated to be President, and who…