K.L. from Fairfield County writes: Dear Mister Condo, I have bought one unit of a two-unit condo, which operates on an informal basis with respect to managing the property. Prior to purchase, the owner of the second unit agreed that needed exterior maintenance (peeling paint, rotten trim boards, rotten siding boards, etc.) would be undertaken…
Tag: Attorney
Leaky Windows Installed Years Ago Causes Hole in Condo Floor Today
L.S. from New Haven County asks: Dear Mister Condo, I am hoping you can offer some guidance for an elderly friend of mine who lives in a condo. She has lived there for many years and she now has a hole in her floor. Repairmen went out to look at the damage and found that the…
Condo Board Underinsures Association
M.K. from outside of Connecticut writes: Dear Mister Condo, My condo has $25,000 worth of Fidelity Bond Insurance and the banks are requiring $29,700 of this insurance in order to sell or re-finance. My buyer’s mortgage is on hold until the association purchases more…(only cost is $50.00) but they are deliberating on this subject. If…
Unattached Houses to Condominium Conversion Sought in Maryland
P.R. from Maryland writes: Dear Mister Condo, I own three detached homes, each with individual tax id, and over their history independently owned. Can I convert the ownership of these three, as they are three in a row neighbor detached houses, into a condominium? If that is theoretically possible, perhaps it is worth investigating said conversion…