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To: marktwain

“How much was spent on maintenance?”

Usually as little as possible as owners want the monthly fee to be as low as possible. When large expenses come along, each owner is assessed an amount based on the square footage of their unit. I did that with a new roof at my association.
As a condo owner, all you own privately is what’s within the walls of your unit.

You own everything else in common and equally with all the other owners. The roof, the pool, the stairways, the decks, the outer walls, the foundation, etc.


65 posted on 06/26/2021 7:17:15 AM PDT by SaxxonWoods ( comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: SaxxonWoods

“You own everything else in common and equally with all the other owners”

the very definition of communism ... and of course, property owned by everyone is essentially owned by no one, and communism always fails because everyone wants to contribute the least personally and wants everyone else to contribute the maximum ... probably why ALL condominiums and their associations are bad ideas: because they’re communism personified ...


110 posted on 06/26/2021 9:07:20 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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