V.F. from Connecticut writes: Dear Mister Condo, An Investor just signed a contract to purchase a unit in our complex, we have a bylaw that requires an owner to own a unit for 8 months before “requesting” to lease their unit. Exceptions can be granted for HARDSHIP situations. The unit that was up for sale…
Category: Board
Condo Board Hires Board Member for Cleaning Contract
G.B. from Cook County, Illinois writes: Dear Mister Condo, I live in a 60-unit condo complex in Illinois. The complex consists of 6 buildings each with 10 units. I’ve noticed in the last couple of months that my building is not being cleaned well. It’s especially obvious on the first floor. I called our management…
Can A Recalled Condo Board Member be Immediately Reappointed?
C.C. from Charlotte County, Florida writes: Dear Mister Condo, For HOAs there is a provision that reads “No recalled director shall be appointed by the board to fill any vacancy on the board.” Does Florida 718 have an equal provision? It would seem terrible that the law might allow 51% to remove someone and then have…
Condo Board Typically Has Right to Know Buyer and Mortgage Details
L.K. from Will County, Illinois writes: Dear Mister Condo, Does a condo board and/or their management association have the right to see a buyer’s purchase agreement with details of amount buyer is mortgaging, the interest rate limit, closing date? Mister Condo replies: L.K., depending on state law and/or governing documents it is quite common for…