Co-op boards must be aware of their obligations to repair damage to both common elements and apartments, and must act quickly to mitigate the damage, even if a third party may be at fault, in order to avoid delays and costly repairs. (Print: REPAIR PROMPTLY AND FIGHT COVERAGE DENIALS)
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“Repair Responsiblity” returned 5 articles
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ArticleTopicsColumn TypeIssue
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Co-Op Boards Face Financial Challenges in the Wake of Accidents
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Financial Dilemma: Condo Repairs Delayed, Residents Forced to Evacuate
A small converted loft building was forced to vacate due to leaning bearing walls, resulting in a financial dilemma for the condo owners to raise the capital needed for emergency repairs. (Print: Delayed Repairs: A Worst-Case Scenario)
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Trouble After Hours
It can be risky business when residents hire building staffers for minor repairs.
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The Buck Doesn’t Always Stop at the Same Place
Who's responsible for repairs or damages can change based on the situation.
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Who Foots the Bill?
How do responsibilities for repairs break down in a condo?
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