Re: Exterior modifications | <– Date –> <– Thread –> |
From: Ann Zabaldo (zabaldoearthlink.net) | |
Date: Tue, 18 Feb 2014 14:21:42 -0800 (PST) |
Just to piggy back on some things Sharon brought up … Our condo assoc. counts decks, patios and unfinished basements as part of the s/f of the house. They are counted as a fraction of the s/f finished space. The s/f of the house is used to determine the percentage interest the owner has in the condominium. The larger homes have more percentage interest. The percentage interest is used in part to determine the condo fees of each unit. So … if you have someone adding a deck or patio or finishing a basement they are in effect increasing their living space and should therefore increase their percentage interest in the condominium and by extension their condo fees should increase. We haven’t addressed this in our community. Or rather we’ve TRIED to address. Mainly Sharon has tried to address this inequity not because we want to punish people but to gain some consistency and order in how we think about legal issues that bind us. Our main problem is our condo docs are conflicting about how decks, patio and unfinished space are counted. Says one thing in one part and another in another. Plus some people including moi bought basements not attached to their homes AFTER they settled. The basements were sold separately w/ a separate title — I THINK not sure — but these basements were never included in the percentage interest determination of the owners. It’s a mess we’ve been sorting out for YEARS. One thing I can say for sure … really, really,, really put money into getting a good, clean set of Condo Docs. I promise you this will save you money, time, energy, upset, etc long into the future. Sharon might be able to talk to this point about s/f and percentage interest even more. Best -- Ann Zabaldo Takoma Village Cohousing Washington, DC Principal, Cohousing Collaborative, LLC Falls Church VA 703-688-2646 On Feb 18, 2014, at 9:35 AM, Sharon Villines <sharon [at] sharonvillines.com> wrote: > > > In addition to Philip's points about ownership & the exterior envelope, there > are other issues. If someone builds a deck over an area that is a Common > Element, thus converting it to a Limited Common Space, that should also be > recorded as well. All exterior modifications should be reviewed according to > a policy that is binding. Who reviews the design? Who gets the building > permits or ensured that they were obtained? Who maintains the deck? According > to what standards? Are safe design standards maintained? Does it meet the > standards of your liability insurance? Or the owner's? > > Sharon > ---- > Sharon Villines, Takoma Village Cohousing, Washington DC > "I arise in the morning torn between a desire to improve he world and a > desire to enjoy the world. This makes it hard to plan the day.” ― E.B. White > > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > >
- Re: Exterior modifications, (continued)
- Re: Exterior modifications Diana Carroll, February 18 2014
- Common vs Limited Common Elements [was Exterior modifications Sharon Villines, February 19 2014
- Re: Common vs Limited Common Elements [was Exterior modifications Diana Carroll, February 19 2014
- Re: Common vs Limited Common Elements [was Exterior modifications R Philip Dowds, February 20 2014
- Re: Exterior modifications Ann Zabaldo, February 18 2014
- Re: Exterior modifications Diana Carroll, February 18 2014
- Re: Exterior modifications Sharon Villines, February 19 2014
- Re: Exterior modifications Diana Carroll, February 19 2014
- Changes in Bylaws & Bank Approval [was Exterior modifications Sharon Villines, February 19 2014
Results generated by Tiger Technologies Web hosting using MHonArc.