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….
Category: Condominium
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;…
Condo Board Wishes to Tow Vehicle of Owner in Arrears
L.M. from New York writes: Dear Mister Condo, If a condo owner is in arrears and refuses to pay common charges, be legally towed, with prior written notice, from the parking plaza or street, which are all private. Thank you. Mister Condo replies: L.M., most likely not but there are exceptions. Condo owners, even those…
Self-Managed Condo Association Running Volunteer Manager Ragged
D.K. from New Haven County writes: Dear Mister Condo, We are a small 11-unit condo and are self-managed. Our current unit owner who manages the property is exhausted and we need to compensate him. Our understanding is we cannot compensate when self-managed. Is that correct? Mister Condo replies: D.K., I am sorry to hear that…