Read your governing documents to determine who owns the 'windows'.
Often the term 'windows' is undefined there, which can lead to confusion when one lists the components of a window. For example, who owns the window...:
This means that until the board adopts a resolution that defines the window elements, any repair or replacement of windows can be problematic.
Best practices dictate, however, that based on the architectural uniformity guidelines -- which also mean ease of bulk repair or replacement, any accident involving a window must be repaired using the most common sense.
If, for example, the window pane is broken, the association can replace the pane and bill the owner, if the owner's indoor Baseball game was the cause of the accident.
If the pane is a double-glass, gas-infused pane, it cannot be replaced with a single pane, and may require that the whole glass encasement be replaced.
no but trying to If a condo owner falls more than 90 days in arrears of association, the right to use common areas can be suspended by the association until such dues are paid.
State law is not involved in this kind of situation: the association's governing documents, master insurance policy coverage, together with the owners' HO-6 policies determine responsibility for water damage.
Depends on your MAINTAINENCE agreement
To form a condo owners association, you typically need to follow these steps: Obtain support from other condo owners who are interested in forming an association. Determine the purpose, bylaws, and rules of the association. Hold a meeting to elect board members and establish roles and responsibilities. Register as a legal entity and obtain any necessary licenses or permits. Develop a budget and fee structure to fund the association's activities. Communicate with all condo owners to inform them about the association and encourage participation.
It depends on the specific terms outlined in the condo association's bylaws or the individual condo's governing documents. In some cases, the responsibility for maintaining and repairing driveways may fall on the condo association, while in others it may be the responsibility of the individual condo owner. It is best to review the governing documents or consult with the condo association to determine who is responsible for the driveway repairs.
Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium. Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium. Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium. Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium. Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium. Somewhere in your Association agreement or unit owners agreement there should be a section that states how much of your condo you are responsible for covering. They usually have language like "studs in" or "walls in" meaning everything from the studs or walls and in is your responsibility. Floor covering, cabinets and fixtures are things you would normally have to cover yourself. Most condo policies include a small amount of building coverage and then you can add to that for an additional premium.
It often is considered that and often a person's policy on their personal condo will extend to pay up to $500 of the Association's deductible. Could be less than $500 depending on how much the Association's deductible is and how many COA members there are.
The association is responsible for the safety, security, upkeep, preservation and maintenance of all real estate assets owned in common by all owners. Your governing documents define by boundary definition what is owned individually and what is owned in common.
covers you for a loss assessment made by an association of property owners on common property for a "covered" cause of loss. important distinction there. i.e. condo needs a new roof due to old age - not covered. Also there are protections built in for deductibles - so condo association cannot have an extremely high deductible and instruct association owners to put in assessment claims
The rights of condo owners to post lease signs may vary depending on the rules and regulations set by the condominium association. Generally, owners have the right to advertise their property for lease within reasonable limits, but they may need to comply with any advertising guidelines or restrictions imposed by the association. It is recommended to review the condo association's bylaws or consult with the management before posting lease signs.
No, a unit of a condo association does not have the authority to secure a Small Business Administration (SBA) loan. SBA loans are typically available to individual businesses, and not to individual condo unit owners or associations. It is important to consult with a financial professional or lender to determine the best financing options for the condo association.
Whether the association is liable to pay for the repairs depends on the terms of your condo association's governing documents and local laws. Generally, the association may be responsible for damages caused by pipe failure, but it is best to consult with a legal professional or review your association's governing documents to determine the specifics of your situation.