G.M. from outside of Connecticut writes:
Dear Mister Condo,
The Condo Association Board wants to mandate having the Hot Water Heaters updated every 10 years. Is this common practice? We are a small Owners Association, 10 Buildings with 4 condos in a building. Each building has a basement, and each condo has its own Hot Water Heater in the common basement room, along with the 4 individual Hot Air GAS Furnace. Some hot water heaters have already been replaced, as the condos are 14 years old. Your comments please.
Mister Condo replies:
G.M., in my experience, it is quite common for associations to have maintenance standards in place for any appliances, water hoses, etc. which requires unit owners to replace these appliances within “X” amount of years, where “X” is the number of years of the manufacturer’s usable life expectancy of the product or when the association’s insurer will no longer cover any damage caused by the appliance after it exceeds its usable life. For instance, if you had a twenty-year-old hot water heater that failed and flooded your neighbor’s unit, the association would not be able to process a claim because the appliance that failed had not been replaced within the 10 years as required by your association’s maintenance standard. In other words, by not enforcing maintenance standards, the association puts itself at risk of denied insurance claims. That could be far more expensive than the cost of updating appliances, not to mention the reduced potential for damage to all units because of such a program. Hope that explanation helps. All the best!