Cohousing-L Mailing List: Re: allocation of repair costs

[Kerri Cacciata (KCacciata]

 "Air space" condominiums (air condos) are condominiums that look like more 
traditional subdivisions but are created under the condominium act. The owner 
of a duplex could possibly make good use of an air condo to split the property 
into two separate units. This type of condominium would divide the property as 
well as the building into two units. It would also provide enough 3-dimensional 
space to contain the building and to provide space for future building 
expansion.

The air condo is usually much more cost effective than the traditional 2 lot 
short plat. However, an attorney well versed with the condominium laws should 
be retained for assistance with Condominium Declarations. There are also 
financing considerations that need to be studied prior to the decision to 
pursue a condominium project.

(Basically you own the air, the structure is common)

-----Original Message-----
From: Ann Zabaldo [mailto:ann.zabaldo [at] gmail.com]
Sent: Wednesday, July 02, 2008 7:23 AM
To: Cohousing-L
Subject: Re: [C-L]_ allocation of repair costs


Hi Stephanie!

What is an air-space condo?  I've not heard of this before ...

Ann Z.

--
Ann Zabaldo
Takoma Village Cohousing
Washington, DC
Principal, Cohousing Collaborative, LLC
McLean, VA
Voice 703-663-3911
Fax 202-291-8594
www.cohousingcollaborative.com

On Wed, Jul 2, 2008 at 10:13 AM, S Fassnacht <fassnach [at] ssc.wisc.edu> wrote:
>
> One of the houses here at Village Cohousing (in Madison WI) is having
> 2 chimney flues replaced.  Village is an air-space condo, but our
> condo docs don't mention chimneys, so we're not sure how to allocate
> costs for this repair ($4000 per flue).  Before consulting a lawyer,
> we thought we might pose the question to all you good folks to see if
> some air-space coho community out there has something in their docs
> that addresses this issue.  A provisional decision has been made to
> split the costs evenly between the owner and the community, the
> reasoning being as follows:  The condo docs say that heating systems
> are the responsibility of the community.  One of the flues services
> the house's heating system.  The other flue services the fireplace,
> which we figure belongs to the owner.  A very technical question, I
> realize, but just maybe somebody has the answer we're looking for.
>
> Stephanie Fassnacht
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