W.P. from New Haven County, Connecticut writes:
Dear Mister Condo,
I am a condo owner and am getting reports from our water utility company that bills are not being paid (several months late and $100’s in late fees). What would be the best way to address this?
Mister Condo replies:
W.P., I am sorry that your association isn’t paying its water utility bills in timely fashion. Regardless of the additional monies owed in late fees, I would think the community is at risk for having its water service shut off. As a unit owner, all you can really do is alert the Board to the problem and ask them why this is happening. Are unit owners paying their fees in timely fashion? Was there an unexpected expense that has caused the association to be delinquent in other areas? Whatever the reason, racking up late fees doesn’t benefit anyone in the association, including Board members. As is always the case, the volunteer leaders within the association are elected by unit owners such as yourself. If they aren’t getting the job done, it is time for some new leaders. All the best!
My question is, how does a unit owner who is not a board member or management receive financial information regarding the condo payables
Great question, J.! I suspect that my favorite condo 24 hour TV news channel, RNN (Rumor News Network), has spread the word that bills aren’t being paid.