N.P. from Illinois writes: Dear Mister Condo, We bought a condo in 2010 in a large apartment complex that was going condo right when the recession hit. It was an investment and we rent it out. Not many condos were sold, the prices never dropped in the recession. Even now many (not sure how many)…
Tag: Attorney
HOA Board Ain’t Fixin’ Nuttin!
R.M. from outside of Connecticut writes: Dear Mister Condo, 4 months ago, I purchased a duplex which has 3 buildings and 6 owners. I had a hard time getting documents during the sale and did not understand the dynamics involved. The first email I got from the treasurer was on the day the fees were…
Condo Developer Transition Litigation Nightmare
N.P. from outside of Connecticut writes: Dear Mister Condo, I am in a large condo association that was in litigation with the developer when I purchased many years ago. We were never told of the litigation, and strangely enough had no problem getting our mortgage, which was not the case with many potential buyers from…
Hoarder Refusing Unit Access Adds to Hurricane Irma Damage
E.E. from Florida writes: Dear Mister Condo, We just suffered flooding due to Hurricane Irma in 3 of our 6 townhome buildings. The building where we are having an issue has 6 units adjoined by a 2-hour firewall. We have 1 unit owner is a hoarder – very bad, almost no walkpath. The unit flooded…