C.C. from New Haven County, Connecticut writes: Dear Mister Condo, I have many concerns about the condo association and management company handling the condominium. Such as:Management and association officers have dual interests, the association and their contracting business servicing the condo.Condo association does not abide to by-laws.Lack of clear financial accountability.Lack of grounds and property…
Tag: Financial
Coop Board Concerned Over Management Company Employees’ Salaries
D.D. from New Haven County, Connecticut writes: Dear Mister Condo, We are a coop that pays a management company to pay for our porters, doorman, and office staff via a signed contract our board has with the company. The contract only lists a few office staff and their compensation and benefits. This compensation is very…
Condo/HOA Doesn’t Pay Insurance Deductible
C.A. from Fresno County, California writes: Dear Mister Condo, My condo had a roof leak. CC & R’s state HOA is responsible. I contacted my insurance company and they took care of it. I had to pay my $500.00 deductible. HOA said it was my responsibility. Not sure why. Any ideas? Mister Condo replies: C.A.,…
Condo Antenna Damage Deposit
L.M. from Hartford County, Connecticut writes: Dear Mister Condo, Our condo association has decided to allow antennas and dishes outside the units. In doing so, they require a deposit of $150 to cover any damage when you sell. They are putting this money in with other funds and using the money. Should the money be…