J.L. from Connecticut writes: Dear Mister Condo, What is the average percentage of the annual reserve annual set aside by Connecticut condo associations? Mister Condo replies: J.L., great question! Reserve Funds vary by association and there is no such thing as an “average percentage” to set aside because each association is different and each has…
Category: Condominium
Unregulated Condominium Boiler Creates Scalding Water Hazard
A.D. from Cook County, Illinois writes: Dear Mister Condo, I live in an older condominium building in Chicago (15 units). We all share the same water heater, and the water for my unit which is almost the farthest from the water heater reaches 135F. I can imagine that units closer to water heater are reaching 140F….
Condo Board Wants to Allow Building Additions
P.W. from San Diego County, California writes: Dear Mister Condo, I live in a condo, it has attached duplex and single units with front and back yards. The CC&Rs spell out that we are CONDOS. The Board believes they have the right to let additions be done to the units thereby making changes to walls…
Condo Water Damage Report Responsibility
T.K. from San Diego County, California writes: Dear Mister Condo, Who is responsible for getting the initial water damage inspection done if a unit has a water damage leak on their ceiling? The owner or the upstairs condo? Mister Condo replies: T.K., I am sorry that you are experiencing a water damage problem. I don’t…