M.H. from Connecticut writes: Dear Mister Condo, Can condo fees in CT increase a second time during the year in order to meet the approved budget? Mister Condo replies: M.H., it would be most unusual for common fees to change mid-year unless the membership had previously voted to do so at the annual meeting. However,…
Category: Condominium
Preparing Condo’s Initial Public Offering Statement
K.T. from Snohomish County, Washington State writes: Dear Mister Condo, What is a good estimate to use for budgeting in the cost of preparing a Public Offering Statement? Mister Condo replies: K.T., Public Offering Statements (POS) for condos can be quite tricky and typically require input of several professionals familiar with similar type associations in…
Hidden Leaky Pipe Likely Owned by HOA
J.C. from Harris County, Texas writes: Dear Mister Condo, The roof has leaked in my townhouse condo and caused damage to some of personal effects. Who pays? Who pays the deductible? Also, one of the original galvanized pipes in the wall, has been leaking apparently for some time. The HOA says the pipe belongs to me…
HOA Refuses to Replace Termite-Damaged Door Header
K.K. from San Diego, California writes: Dear Mister Condo, I have a rotted balcony doorframe due to termites. Prior to discovery in 2016, I had new doors installed with lifetime warranty. Doors leaked. Door company replaced doors discovering rotted frame from termites. Now Door company will not install until door frame is fixed. HOA did…