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Does condo association need to repair damages to foreclosed unit?


Question:

About two years ago a condo in our association went into foreclosure. It took that long to settle up with everything. In December it was finally sold and the new owner took over. The old owner did not give it back to the bank and left it go all the way to the foreclosed state with all the legal stuff that they do with it. Sheriff sale, short sale, second sheriff sale and then it finally foreclosed on. Before the whole mess started the old owner had water damage in the unit and never reported it to our property management service. When she vacated and moved on and then her mortgage company took the necessary steps to resell the unit again it was never reported to our management. I know for I was on the board at the time everything went down. Now today the new neighbor wants our management service to pay for the water damage. Since we never knew about this and the old owner did not give the unit back to the bank, she left it go into foreclosure and also filed bankruptcy. We continued to bill her for the condo fees, but when the final out come was turned over, we could only get back 6 months of condo fees not 2 years, because the old owner left it go into the foreclosure status instead of giving it back to the bank that held the title. Lengthy process. Now my question is this..... Are we responsible to fix the damages to this unit. The new owner saw the damages and tried to negotiate with the new Realtor and they would not budge on the price. Now she wants our management service to pay to have this fixed. Can she do that? And are we responsible to fix it. The damaged came from the roof itself,but. I say since it was never reported number 1 and number 2 this was a foreclosed unit bought that way. What are our rights to this situation? Are we responsible to fix it or is this on the new owner to fix it herself. She purchased it with cash as and as is unit? Any help is appreciated. I say I am right and I want to make sure management does not pay for any of this out of our money.


Answers (23)

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