How do we start a reserve fund? Where does the money come from? What can we or
can’t we use the money for? Must we get approval from shareholders/owners in order
to spend the reserve fund?
—Board Member at a New Condo
Our building has two rooms immediately off the ground-floor lobby that are also
opposite three occupied apartments. One room is used for building meetings
while the other currently holds some storage. Several unit owners wish to make
What is a conservation easement? Can a condo or HOA vote to place an easement?
What are the tax advantages of such a move?
—Inquiring Unit Owner
“A conservation easement is an agreement to restrict development of …
I live in a top floor apartment of a condo building. There has been a leak from
the roof for a few years. The condo has been trying to stop the source of the
leak over that time period, to no avail. They have now hired a roofer, who h…
Can an owner of a condominium/villa erect a fence 12 feet out onto the common
area when the bylaws state only five feet is the responsibility of the owner?
Can board members sign an agreement going against the bylaws? Also, the
I have lived in a condo for the past three years. I am planning on having my
boyfriend move in with me in a few months. Are there any rules or regulations
that will prevent that from happening within my condo?
Certain owners in our building keep some personal belongings (i.e. bikes, baby
strollers, skates) in the hallways next to their apartments. Sometimes we have
to squeeze by their hallway clutter to get to our own units. Is there any
I’m a board member of my condo. We have one member of the board who is a real
estate broker. He brought an issue to our attention. Our condo is an owner of a
very small piece of land that is adjacent to another building near ours. The…
Our new condominium association contains, as part of its common elements, an
atrium and courtyard. What do I need to know about instituting rules and
regulations for these common areas in light of the fact that the board would
I live in a condo with indoor parking facilities. The board recently sent a
notice informing residents with current parking that the identity of each
vehicle would be kept in order to ensure that owners do not allow unauthorized