Question:
The HOA is planning a roof replacement project for 13 condo units. The HOA Board has a concern that some unit owners will object to the project or be unable to pay their share of the project. How does the Board respond?
– Martin
Answer:
Hi Martin,
HOA boards have a responsibility to maintain and repair common areas, which often include roofs in condominium communities. If the HOA is planning a roof replacement project, the board must address potential objections or financial challenges while complying with state laws and the association’s governing documents. HOA boards usually have enforcement actions or procedures available to them in the event that owners cannot pay their share.
Of course, it is also important to consider financial hardship. For unit owners who may struggle to pay, consider adopting a payment plan to make the costs more manageable. The HOA can also take out a loan, which the HOA will need to pay back according to the loan terms. However, the repayment will still come from homeowners in the form of increased dues or special assessments, but it, at least, gives more time.
Explain to condo owners the importance of the replacement. Emphasize that roof replacement is a required maintenance task, not a discretionary improvement, under the HOA’s obligations.
Your association should also have reserve funds for this type of expense. In Florida, condominiums are required to maintain reserves.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
