J.Z. from Hartford County, Connecticut writes: Dear Mister Condo, What is the difference between a UOA and a HOA? Mister Condo replies: J.Z., a rose by any other name would smell as sweet! There are plenty of acronyms to describe Common Interest Realty Associations (CIRAs – Hey there’s another one!) but, at the end of…
Tag: Planned Unit Development
PUD Owner Denied Solar Power Access
B.N. from Hartford County writes: Dear Mister Condo, I live in a Planned Unit Development (PUD). We have electric heat which is very expensive. Solar panels were brought up to the board members months back. They said that they would check into it. We never heard anything back. Nothing in writing. So I place a…
Planned Unit Development Delinquency Rate Effect on Mortgage
B.T. from outside of Connecticut writes: Dear Mister Condo, My clients live in an attached Planned Unit Development (PUD) complex; they are refinancing their home using and FHA-backed mortgage. There are only 9 units in the complex. Does the 15% delinquency rate apply? 2 of the units are late making the rate 22%. Mister Condo…
Are PUDs Legal in Connecticut?
A.D. from Hartford County writes: Dear Mister Condo, The community that I have lived in for the last 25 years is a PUD. The management firm that we have contracted with says that a PUD is no longer legal in Connecticut and that we must legally change our bylaws so that we are structured as…