S.M. from Franklin County, Ohio writes: Dear Mister Condo, There are a lot of common fee delinquency problems due to a poor previous management company. My question is how do we collect effectively? Mister Condo replies: S.M., relying on your management company to collect delinquent common fees really isn’t a sound strategy unless the management…
Tag: Financial
Condo Defaults on Shared Road Expense at Owners’ Peril
M.W. from Rockingham County, New Hampshire writes: Dear Mister Condo, I am a condo owner and have lived in my condo since it was built in 1986. There are over 100 units. We live on a private road with an older, different, condo complex built prior to ours at entrance of road. Both condo complexes…
Exclusive Use Condo Deck in Need of Repair
J.C. from Yavapai County, Arizona writes: Dear Mister Condo, Back outside cantilevered exclusive deck off of second story needs repair. It appears to be part of the condo’s second floor joist structure. Am I responsible? Mister Condo replies: J.C., without seeing your governing documents, it’s hard to tell. If the deck is a common or…
Big Governance Problems at Small Condo
J.S. from Cape May, New Jersey writes: Dear Mister Condo, Bought in 2004, 3 townhouses originally built for three family members, only one remaining. That one is in charge and critical of anything they think you must do. Example: my neighbor had stone walls installed to replace the rotting wood in front for landscaping but…