Returning Surplus Funds Q We are a 56-unit condominium. Our bylaws require that end-of-year excess funds be returned to unit owners either in a lump sum or credited to monthly installments until exhausted. Bylaws define excess funds…
Water, Water Everywhere Q Our condo was built in the early ‘80s. The developer didn’t have the foresight to include a slope or pitch when constructing the balconies. (My building has 6 floors, for example). Needless to say, when …
Error of Omission? Q Our association recently had to replace a pool safety cover. It was 14 years old and just could not be patched anymore. We got quotes for the cover and selected a vendor. Thinking this replacement would be funde…
In our condo, we have an owner that is delinquent on his assessment payments, but he continues to have the property leased. We have issued his tenant an Assignment of Rent. The tenant has agreed to the terms that the rent has to be paid to …
Q Just over a year ago, my wife and I bought into a four-unit condo complex. One of the units is about twice the size of all the others, such that this shareholder owns about 40% of the shares. She's been in this building over 30 years. T…
Our condominium is a smaller property, with only 39 units and only one elevator. As per our rules and regulations, the building does not allow any animals. This is fine with me - in fact, it was one of the reasons I purchased in this buildi…
Our condominium has a completely new board of directors, installed quite recently. On the bulletin board by the mail boxes, addressed to every tenant, is the following note: The Board has voted to require our superintendent and a designated…
Q There was recently a leak in the steam heating pipe leading into my neighbor's apartment below my own. The fixing of said leak falls to the condo board. I feel quite certain that the plumber they hired stole a necklace that was on a tab…
"Does the individual condo association board members and president have the legal right to remove a treasurer from his or her duties without due cause and deny them a chance for rebuttal?" —Concerned Resident “Condominium associati…
My condominium does not allow any animals, as spelled out in the condominium rules and regulations. This was one of the reasons I purchased in this building. With no regard to the rules, several owners snuck in cats for pets. Our property i…