K.D. from outside of Connecticut writes: Dear Mister Condo, I have no hot water pressure in my kitchen. It is a building problem for several units and is on the “to do” list. I have asked about getting a reduced HOA fee as I am not receiving the same amenities as other condo owners. This…
Tag: Common Fees
How Does the Condo Know How Much to Keep in Reserves?
B.B. from outside of Connecticut writes: Dear Mister Condo, What is a good process to determine the amount to be kept in reserves and set assessments? Mister Condo replies: B.B., there is only one tried and tested process to determine the amount to be kept in Reserves and set assessments and that is the implementation…
No Formal Condo Association Leads to Informal Roof Problem
M.L. from outside of Connecticut writes: Dear Mister Condo, I own a condo in a converted 1860-era house. I have the first floor and upstairs neighbor has 2nd and 3rd. We don’t have a formal association. We just split shared expenses 60/40 (I’m 40). It has worked fine but now there is an issue. We…
Condo Board Seeks Solution to No Money for the New Roof
P.B. from Hartford County writes: Dear Mister Condo, My Board wants to get a new roof. They set up a meeting for owners to vote on whether to take a 250K loan or not. At the meeting an attorney hired by the board to do the closing showed up and was practically running the meeting…