Re: Limited Common Elements and HOA Dues | <– Date –> <– Thread –> |
From: Ann Zabaldo (zabaldo![]() |
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Date: Fri, 14 Oct 2005 13:24:08 -0700 (PDT) |
Thanks, Jessie. In re: the balconies. Your explanation makes a lot of sense to me. Very logical. Do you happen to know what the logic is on why the entire replacement cost of on-ground patios are allocated to the homeowner? In our case, the "patios" are actually OWNED by the unit owner -- which I don't really understand because they don't own the backyards (I don't think.) This seems entirely illogical to me but there may be a principle involved that I'm not understanding. I've called CAI several times, both national and chapter, but haven't gotten as much information as you gave me today. Also I will call Stan Sersen -- he's a regular fount of information! Thanks! Anyone else out there w/ any info on this topic of Limited Common Elements and cost allocation? Ann Zabaldo Takoma Village ³The Road to Enlightenment is Long and Difficult... So Bring Cookies and a Magazine.² Wk 202 546 4654 FAX 202 291 8594 6827 4th St. NW #312 Washington, DC 20012-1945 On 10/14/05 12:55 PM, "Dahako [at] aol.com" <Dahako [at] aol.com> wrote: > Hi Ann - > > I think the CAI (condo association) folk had something on this a couple > years back. Stan Serson, the guy who was EVC's construction advocate and a > big > CAI stalwart, might have some ideas. > > My recollection is that the mainstream professional way to handle dues for > limited common elements (LCEs) such as balconies is to get the company that > estimates your replacement reserves to break out a separate reserve estimate > for > the balconies, and then allot most of that cost to the owners who have > access to the element. The remainder of the cost is covered by the community > as a > whole, and is used for the portion of the element that structurally links in > to the overall building. For an on-ground patio, I think the entire > replacement amount can be allotted to the owners involved. > > For some LCE's, the owner can be held responsible for interior maintenance > and the condo association for exterior and structural maintenance, akin to the > responsibilities involved in maintaining the personal living space. > > Jessie Handforth Kome > Eastern Village Cohousing > Silver Spring, Maryland > Where > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > >
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Limited Common Elements and HOA Dues Ann Zabaldo, October 14 2005
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Re: Limited Common Elements and HOA Dues dlmandel, October 14 2005
- Re: Limited Common Elements and HOA Dues OCC11NG, October 14 2005
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Re: Limited Common Elements and HOA Dues Dahako, October 14 2005
- Re: Limited Common Elements and HOA Dues Ann Zabaldo, October 14 2005
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Re: Limited Common Elements and HOA Dues dlmandel, October 14 2005
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Re: Limited Common Elements and HOA Dues Dahako, October 14 2005
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Re: Limited Common Elements and HOA Dues Ann Zabaldo, October 14 2005
- Re: Limited Common Elements and HOA Dues OCC11NG, October 14 2005
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Re: Limited Common Elements and HOA Dues Ann Zabaldo, October 14 2005
- Re: Limited Common Elements and HOA Dues Dave and Diane, October 15 2005
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