Last night DH meet with other "trustees" regarding issues for our condo association. First up, since we flooded the downstairs unit and it was found that the master condo insurance would pay for it, we were off the hook for the deductible. So that was a nice starting bonus.
However that lead to the first point of contention. The owner whose house we flooded wanted to pocket the insurance settlement and pay for the repairs. But DH, I, and "the couple" are against this. Thus it was negotiated that he could submit reciepts for repairs or directly bill the association. Well see how that works out.
Second major point of contention is our retaining wall. When we purchased the seller/developer lied to us and said the money was set aside prior to our closing. Our attorney dropped the ball by not checking, however it was written into our purchase and sale agreement. Then she tried to not pay up and also tried to pay a lower amount than the agreed upon 40% of $20k.
Now the "brother owners" bought their condo with cash, thus they DID not do any due diligence, and failed to get a 6d certificate. This would have certified that no outstanding debts were due to the association, but the developer sold it cash so she didn't have to get a 6d certificate. She had asked for one, but we had refused to sign it because she had not paid our 40% and the 20% for the condo she was selling. However after we negotiated more through our lawyer whom we paid, she forked over 60% of her $6k estimate. This we felt was unacceptable because there were two other quotes for $18k and $20k to repair the retaining wall.
However, because we got some money from her through OUR lawyer we called the money ours. However she attempted to say it was for the other unit as well. That is where we are stuck right now. First she won't put up money for the higher quote. Which if it should come in less, we will return the money to her. Second, the unit she sold in cash, should pay the 20% of higher amount because they did not fully investigate the debts associated with theunit before purchasing. When we bought we were shown only the $20k quote and assured it was set aside.
Thus right now we're fighting over whose money it is. We're not backing it down because we paid a lawyer to obtain the money. So why should "the brother owners" get a portion of it?
What is the next step? I don't know, but this is why living in a condo sucks. I hate it, I hate all this negotiating and trying to make decisions as a team. I'd prefer just living alone and being solely responsible for our actions/decisions.
One day I shall own a single family home and be able to do what I want, when I want, and make all the noise I want. I hate condo living...