V.B. from Macomb County, Michigan writes: Dear Mister Condo, Hello, Mister Condo! Our condo community is drowning in mismanagement and financial ruins. Our Property Management company is telling us we need to pay dwelling insurance for the outside dwelling. Is that our responsibility as condo owners? Clearly, they mismanage the funds stating they can no…
Category: Common Fees
Condo Owner Delinquent on Special Assessment
M.O. from Newport County, Rhode Island writes: Dear Mister Condo, We have an owner who has not paid his assessments for a year. He pays his dues, but not the assessments. His mailbox fell down and he wants the association to replace it. Can we say No? Mister Condo replies: M.O., failing to replace a…
Poor Financial Planning Creates Stress for Condo Board and Owners
J.L. from South Carolina writes: Dear Mister Condo, I am the president of an 8-unit condo in Greenville, SC. Most of the units are rented and no one seems to vote, attend meetings or care. We have 3 board members, but I am the only one active. My question… the complex is in dire need…
Undisclosed Condo Special Assessment
A.J. from Middlesex County, Connecticut writes: Dear Mister Condo, Is there anyone in this state that can help me? I have called every agency. I am facing foreclosure, the association called my bank as I owed $2,000.00 for a special assessment, I didn’t even own here then they tacked on $1,200.00 in late fees. The…