Are condos worth the fees?
Condo fees play a huge role in pushing buyers away because it’s an additional monthly cost that could become a bad investment over time. Other, meanwhile, argue that condos are worth it because even single-family homeowners pay costs for maintenance and upkeep without getting the services offered in condos.
Who is responsible for sewer line back up in condo?
Regardless of whether or not your condo unit is affected by a sewage back up (or any other damage involving common property), if you’re a member of the condo association affected, you are responsible to pay your share of the common expenses, including any deductible not covered by the association’s insurance.
Who is responsible for a leak in a condominium?
Despite leaks being a fairly common occurrence, many unit owners do not know who will be responsible for the various repairs and remediation that are required after a condominium leak. What Does The Condo Act Say About A Condominium Leak?
Why does my condo have a sewage backup?
In most cases, a blockage of one of the main sewer lines serving the condo unit where a sewage backup has taken place and the units stacked above it may cause repeated sewage backups. This type of blockage can occur in a lateral drain line running through the parking garage beneath the stacked units.
Who is responsible for a flooded condo in Florida?
A unit owner should first know that pursuant to Florida Statute § 718.111 (11) (f), their condo association is responsible for everything but the following list of items, which are the unit owner’s responsibility:
Regardless of whether or not your condo unit is affected by a sewage back up (or any other damage involving common property), if you’re a member of the condo association affected, you are responsible to pay your share of the common expenses, including any deductible not covered by the association’s insurance.
Who is responsible for water damage in a co-op or condo?
When there’s water damage in a co-op or condo, who pays for the repairs? What happens if my apartment is damaged by water from a neighbor’s apartment? Who’s responsible for covering the repairs?
The same would apply to others affected by the issue. The association is typically responsible for repairing/replacing the drywall. However, individual unit owners are responsible for the paint and texture once the new drywall is in place.
In most cases, a blockage of one of the main sewer lines serving the condo unit where a sewage backup has taken place and the units stacked above it may cause repeated sewage backups. This type of blockage can occur in a lateral drain line running through the parking garage beneath the stacked units.