D.R. from Fairfield County, Connecticut writes: Dear Mister Condo, Is it a Connecticut state law that condo units need to have smoke detectors and carbon monoxide detector? Mister Condo replies: D.R., common sense and safety dictate that working smoke detectors and carbon monoxide detectors save lives and should be in every home. Connecticut did pass…
Tag: Buying
Condo Parking Comes with a Cost
M.B. from Kings County, New York writes: Dear Mister Condo, I bought a unit in a condo building over a year ago and have been interested in purchasing a parking spot in our private lot. There are 54 units in the building, but only about 20 available spots which have been sold out once the…
Board Approves Investor-Owned Condo Unit Sale as Hardship
V.F. from Connecticut writes: Dear Mister Condo, An Investor just signed a contract to purchase a unit in our complex, we have a bylaw that requires an owner to own a unit for 8 months before “requesting” to lease their unit. Exceptions can be granted for HARDSHIP situations. The unit that was up for sale…
Condo Requires 25% Down Payment to Purchase
C.W. from Florida writes: Dear Mister Condo, Can a condo association demand 25% down payment on purchase? I have tenants who are living in the condo and want to buy it but they were told 25% down to buy it. I think this is crazy since they’ve been living there for years. Mister Condo replies:…