Condo association members decide on building repairs I can't afford

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Condo association members decide on building repairs I can't afford

July 04, 2010 Bloggies by Administrator Edit

I recently bought a unit in a condominium. My new neighbor has been remodeling his condo unit and opened the walls for this purpose. He discovered many issues with the interior and exterior walls and want to get them repaired and have the HOA pay for them in the form of an special assessment. We are talking about a huge amount of money. Can he force the other units to pay for it?

Condo association is a financial sinking ship. Can we turn this boat around?

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Condo association is a financial sinking ship. Can we turn this boat around?

October 04, 2009 Bloggies by Administrator Edit

We have a 40 year old 60 unit condo association. $350.00 per month dues, average $1.000.00 in assessments per year, On site 80 year old manager positioned herself as president of HOA and controls the rest of the board to vote her way.  Is there anything we can do to save this sinking ship?