D.A. from New York writes: Dear Mister Condo, We own in a 200-unit condo complex in New York.The complex is 35 years old and in a state of disrepair. The previous board president was a non-resident owner and real estate salesman who was more concerned with commissions on unit sales and rentals than the infrastructure…
Category: Board
ADA Compliance Questioned by Condo Board
P.H. from Maryland writes: Dear Mister Condo, I live in a 16-unit condo. Our buildings were built in 1988. The doors need entrance lock replacement. Currently, the locks are of the knob variety. Does the ADA require us to replace with a specific lock, or can they be of the same current knob design? The…
Condo Owners Question Special Assessment When Reserve Fund is Available
K.L. from Outside of Connecticut writes: Dear Mister Condo, Should repairs be paid for from reserves or special assessment? Our 30-unit condo is looking at a $200,000 bill to replace and reroute utility lines that apparently weren’t properly installed when the complex was built in the early 2000’s. We have a little over $400,000 in reserves….
Condo Board Excuses Some Unit Owners from Special Assessment
M.Y. from outside of Connecticut writes: Dear Mister Condo, I live in a condo which more than 70 units. The HOA has come up with an assessment for repairs of $4,250.00 for each owner. Can they make exceptions if some owners say they don’t have the money? Shouldn’t every owner have to pay their share;…