General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCondo board quit in 2019 as squabbling residents dragged out plans for repairs
https://www.washingtonpost.com/investigations/majority-of-florida-condo-board-quit-in-2019-as-squabbling-residents-dragged-out-plans-for-repairs/2021/06/30/43592282-d98e-11eb-ae62-2d07d7df83bd_story.html?outputType=amp
I'd like to know the content of the report. I've never been a fan of HOAs, I've met a few dysfunctional people who serve on them. Lots of noise and no action.
Mike Nelson
(9,970 posts)... it sounds like the owners did not want to, or could not, pay for the repairs.
Throck
(2,520 posts)I always thought condos were group owned and the owners all had to ante up.
Mike Nelson
(9,970 posts)... from what I understand, condos do not have a single owner. The only way for that would be for someone to buy all the units and rent them out... otherwise, condos are group-owned.
When repairs are needed, the owners must vote yes or no. The owners' HOA would probably not have the funds for this extensive set of repairs. They would have to have their HOA go up, or they would have a limited-time 2nd HOA to pay for the repairs. But, if the owners don't want to do the repairs, or don't like the cost, they can vote the repairs down.
Just my understanding.
Throck
(2,520 posts)This could be bad.
Klaralven
(7,510 posts)https://en.wikipedia.org/wiki/Condominium
Response to Mike Nelson (Reply #1)
Throck This message was self-deleted by its author.
no_hypocrisy
(46,209 posts)Complain, bitch -- but refuse to take responsibility.
XanaDUer2
(10,755 posts)moondust
(20,006 posts)A resident of the Florida condominium that partially collapsed early Thursday filed a lawsuit in 2015 alleging that one of the building's outer walls was not being maintained properly, court records seen by Insider showed.
~
In 2015, Matilde Fainstein filed for damages in the Miami-Dade Circuit Court, saying the building's owners "failed to repair or negligently repaired the common elements and the outside walls of the building."
The year before, water had started coming in through cracks in the outer wall to Fainstein's terrace, causing damage, the complaint said. The filing said she had previously taken the same issue to court, where the building's association, the Champlain Towers South Condominium Association, were found liable.
The building's owners settled the earlier case, court records showed.
~
Settled the case and went back to counting their money?
obamanut2012
(26,143 posts)CreekDog
(46,192 posts)do you know anything about HOA's, besides sound bites?
obamanut2012
(26,143 posts)CreekDog
(46,192 posts)doesn't this story seem to be saying that these board members were trying to get this project going and when the other homeowners kept protesting it, causing further delays, they resigned.
lots of HOA's are horrible, but i can't imagine how a normal, unpaid volunteer faces a decision like they had.
Dr. Strange
(25,925 posts)Especially his love of Canadian progressive rock.
Maxheader
(4,374 posts)In the past , for cosmetic repairs. Home owners ass...?
Glad there's none here in the country....
yardwork
(61,712 posts)obamanut2012
(26,143 posts)CreekDog
(46,192 posts)have you ever owned a highrise building? ever managed one?
they aren't cheap.
Maxheader
(4,374 posts)on getting sarcasm into my posts...just for you...
Maxheader
(4,374 posts)"We struggled with it and everything," said Isabel Aguero, who owns an 11th-floor condo in the part of the building that remains standing. She said she thought most of the line items appeared to be more for aesthetic improvements instead of structural fixes to the building -- such as $722,000 for "hallway and public area renovations."
Earth-shine
(4,044 posts)People died because the Champlain Towers South condo board wouldn't or couldn't spend the money to make necessary structural repairs.
My wife is the VP of our Condo Association. We're not a high-rise situation, but like one, our people pay monthly HOA fees for maintenance of common areas. And people get damn pissy about it because they do not see the connection between money well spent and future property values.
snowybirdie
(5,240 posts)have to pay large special assessments all at once. Generally a loan is arranged that will spread out payments over time. I know that's how golf course repairs and upgrades are done. So looks like other owners did not want to pay the extra fee. Unfortunately, they paid for their inaction.
Liberal In Texas
(13,581 posts)My only experience was being on a condo board when I owned a condo. It was enough to make me not to want to ever do that again.
Owners have agendas that often differ widely. When some repair can be agreed on nobody wants to actually pay for it. If you do get a board that knows what it's doing and is working smoothly, one owner who might not be playing with a full deck can insert themselves on the board by running around lobbying enough owners by making claims of embezzlement by the current board or promises to lower association fees just to get themselves elected to the board.
Then the disruptor on the board starts making trouble during the board meetings. The disrupter keeps the lobbying up and is eventually able to get allies elected to the board to make a once smooth running board literally into a dictatorship.
Not to mention that it is hard to get competent people to run for a board position as most people just don't have the time to devote to it or just have no interest.
Captain Stern
(2,201 posts)There's a group of folks that really want to be on the board, and they will suck at it.
There's another group of folks that would do a great job on the board, but they don't want any part of it because of the other group.
Srkdqltr
(6,329 posts)But it won't make a difference.
brooklynite
(94,748 posts)Condo and Co-op Boards and their members have legal responsibilities (on behalf of the owners) for the residential building. They probably also have Directors and Officers Insurance assuming their actions on behalf of the Board were responsible.