SarahG1 (Ohio)
Posts: 1
Posts: 1
Posted:
Hello Everyone,
I am new to this site but I am guessing I am going to be a frequent visitor! I am a condo-owner in a new 19-unit building (though a Phase II could add 1-2 more). Currently, 16 of 19 units are occupied and sold. The other 3 are in a "rough" condition and not finished yet...usually the developer does not completely finish the unit until it has sold.
Until this year, the developer was still running and maintaining the building. However, now that the large majority of the building is owned, we have started an HOA and established a board of President, Treasurer and Secretary (myself) who are all volunteers. We are trying to get all residents involved but it seems like many people can't be bothered.
Our developer is eager to have us formally take over but we are concerned about the condition of some of the common areas. Examples include unfinished lighting in our garages, cracked windows in common areas, areas that still need painting. Also, the carpet in the hallways has really taken a beating over the years with all the construction in the units - the carpet was initially installed in 2007. My main question is: which of these repairs (if any) are still the legal obligation of our developer??? He has objected to calling these items a "punchlist" but said that he will complete a majority of our To-Do list out of the kindness of his heart.
Some backstory: This is a historical building purchased in 2006 and 4 condos were sold and initially occupied circa 2007-8. When the housing market bubble burst, the developer didn't abandon the building but didn't sell any units and thus wasn't finishing them. Things finally improved over the past 3 years, and so the other units were finally sold and completed. As noted above, 16 of 19 units are finished/occupied. I am in Cuyahoga County, Ohio.
I am new to this site but I am guessing I am going to be a frequent visitor! I am a condo-owner in a new 19-unit building (though a Phase II could add 1-2 more). Currently, 16 of 19 units are occupied and sold. The other 3 are in a "rough" condition and not finished yet...usually the developer does not completely finish the unit until it has sold.
Until this year, the developer was still running and maintaining the building. However, now that the large majority of the building is owned, we have started an HOA and established a board of President, Treasurer and Secretary (myself) who are all volunteers. We are trying to get all residents involved but it seems like many people can't be bothered.
Our developer is eager to have us formally take over but we are concerned about the condition of some of the common areas. Examples include unfinished lighting in our garages, cracked windows in common areas, areas that still need painting. Also, the carpet in the hallways has really taken a beating over the years with all the construction in the units - the carpet was initially installed in 2007. My main question is: which of these repairs (if any) are still the legal obligation of our developer??? He has objected to calling these items a "punchlist" but said that he will complete a majority of our To-Do list out of the kindness of his heart.
Some backstory: This is a historical building purchased in 2006 and 4 condos were sold and initially occupied circa 2007-8. When the housing market bubble burst, the developer didn't abandon the building but didn't sell any units and thus wasn't finishing them. Things finally improved over the past 3 years, and so the other units were finally sold and completed. As noted above, 16 of 19 units are finished/occupied. I am in Cuyahoga County, Ohio.