View Full Version : Real estate law
callawaylady
Jul 28, 2010, 01:30 PM
I am pretty computer illiterate! How do I get to the site to register?I need help in real estate law -putting condo fees in escrow because of no maintenance to our property.
callawaylady
Jul 28, 2010, 01:37 PM
What is required to put condo monthly fees in escrow because of poor maintenance of our property? We are governed by a council of 5 oweners who ignore our requests.
callawaylady
Jul 28, 2010, 01:41 PM
Do we need a lawyer to put money in escrow.
callawaylady
Jul 28, 2010, 01:49 PM
We would like to put our condo monthly fees in escrow due to poor maintenance of our property. What si the process?
JudyKayTee
Jul 28, 2010, 01:52 PM
Some of this depends on what the condo agreement says and what State BUT, in general, a person sends a return receipt registered letter to the person who collects the monthly fees and states that the fees are being held in escrow until A, B and C are corrected.
Then the condo owner makes CERTAIN that the fees are deposited in a timely fashion.
I owned a condo in NY and this was NOT an option - it was addressed specifically in the condo agreement. Fees were to be paid, no exception for escrow accounts.
EDIT: Why, when you had another thread which was active and were getting good info, did you open this thread? I just spent the time to answer you only to discover that you have a whole other discussion going on the same subject. This is not a good way to be "popular" on any site.
JudyKayTee
Jul 28, 2010, 01:54 PM
STOP posting the same question - asked and answered.
We're all volunteers here with other things to do - please be patient.
https://www.askmehelpdesk.com/real-estate-law/real-estate-law-492779.html#post2456166
AK lawyer
Jul 28, 2010, 03:16 PM
Some of this depends on what the condo agreement says and what State BUT, in general, a person sends a return receipt registered letter to the person who collects the monthly fees and states that the fees are being held in escrow until A, B and C are corrected.
Then the condo owner makes CERTAIN that the fees are deposited in a timely fashion.
...
Only unadressed issue I can see here is where to deposit the money "in escrow (http://en.wikipedia.org/wiki/Escrow)".
As the OP asked,
Do we need a lawyer to put money in escrow.?
That would be one option: to deposit the money with a lawyer.
ScottGem
Jul 28, 2010, 03:29 PM
All your threads have been merged. We understand you are new to this, but if you spend some time browsing the site, it would have helped you understand how to use it.
What maintenance isn't being done? As a condo owner you own your unit and are responsible for any repairs or maintenance except for common areas. And, if the problem is common areas, you probably would need to get a majority of owners or at least all owners affected to join in your protest.
Is there a management company managing the complex or does everything go through the HOA board. And with any legal question you need to include your general area since laws vary.
So read your HOA agreement and answer our questions so we can help further. Just use the Answer This Question options to add follow-up.
JudyKayTee
Jul 28, 2010, 04:34 PM
Only unadressed issue I can see here is where to deposit the money "in escrow (http://en.wikipedia.org/wiki/Escrow)".
As the OP asked,
That would be one option: to deposit the money with a lawyer.
Right, I answered one question and there were 3 or 4. If she deposits with an Attorney then the Attorney could also write the letter.