Re: Re: Use of Common Space
From: Sharon Villines (sharonsharonvillines.com)
Date: Sun, 18 Sep 2005 05:31:09 -0700 (PDT)

On Sep 16, 2005, at 4:12 PM, Carol Singleton wrote:

The community has agreed that the folks who wish to use this land will pay for all water and will take care of maintaining it. They will also make a donation to the community of a not-yet set amount for each community tree that falls within the property. Generally, the land being requested is not likely to be used by others in the community since the land is directly behind each unit and edges against a perimeter fence so no one would be there normally.

In the long run, this may work if everyone in the community has similar space. After five years and some major maintenance costs to various parts of the property, people are beginning to resent the cost of maintaining features they personally do not use -- like expensive stairs to upper units, the corridors outside upper units, the lack of a back yard when others have one, the lack of a balcony when most have them, etc.

Our units are very variable and it causes problems when the monthly fees get up in the hundreds of dollars. The percentage interest covers more than just maintenance of the specific item. It also covers taxes and maintenance of all the common elements. AND most importantly in DC where our property values have tripled since we moved in, it compensates the community for the whopping amount of money people get when they move out. This amount is due in part to the work their neighbors have put in to maintain the property in general. These prices are based in part on the amount of space the owner has exclusive use of.

The unit owner who does not have one of those back yard will be at a disadvantage when the time comes to sell. Balancing the condo fee proportionately eases this inequity. Things will never be equal to the hair but people should feel that best efforts have been made. Over time all those hairs can add up a a big bear.

Sharon
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Sharon Villines
Building Community: A Newsletter on Coops, Condos, Cohousing, and Other New Neighborhoods
http://www.buildingcommunitynews.org


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