GregoryT1
Posts: 315
Posts: 315
Posted:
hi,
Tiny condo association. Would like folks who have real life example with successful outcomes and no litigation in this situation. Capitol project or emergency project where funds need to be raised. The problem I am trying to solve is to navigate a situation where folks are in the mindset that they may not have the cash for the project. Actually it is a prioritization on other personal items and not the building. The association has a reputation of very low dues and no reserves. Mindset of no reserves and keep dues incredibly low. All the documents and law is in assoc favor. I will need help in the soft people skills in navigating this item. I am curious on real life examples. I do know of a case of an emergency repair in a small building. Everyone pitched in to pay except one unit. Eventually a lawyer was hired and there is a court case coming up against the one unit. I want to avoid that outcome. We have successfully completed many projects through special assessments. Not ideal.
Tiny condo association. Would like folks who have real life example with successful outcomes and no litigation in this situation. Capitol project or emergency project where funds need to be raised. The problem I am trying to solve is to navigate a situation where folks are in the mindset that they may not have the cash for the project. Actually it is a prioritization on other personal items and not the building. The association has a reputation of very low dues and no reserves. Mindset of no reserves and keep dues incredibly low. All the documents and law is in assoc favor. I will need help in the soft people skills in navigating this item. I am curious on real life examples. I do know of a case of an emergency repair in a small building. Everyone pitched in to pay except one unit. Eventually a lawyer was hired and there is a court case coming up against the one unit. I want to avoid that outcome. We have successfully completed many projects through special assessments. Not ideal.