<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">
Skip to content

Board is withholding condo association insurance claim from owner

| Budgets & Finance |   Condo Association Insurance |   North Carolina |  


Question:

Board President deposited a settlement check from the Condo Association insurance claim month ago for a claim I submitted to the Master Policy. He delays paying me the several thousand I was awarded and the money is not in escrow but is in an income account. He stalls claiming the Condo Association Insurance documents are confusing to him although the Insurance representatives have explained it serveral time and have sent him a 30 documentation. The Insurance Company can not do more. I tried reporting this matter to the NC Real Estate Commission who said it is out of their jurisdiction. Is there anything I can do .. other than hire a lawyer I can't afford. The President seems to be enjoying my frustration.


Answers (4)

What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.
 

Related Posts

Why don't we include basement square footage in condo fee?

Can condo managers get involved in association board elections?

Water heater leaked.  Who pays for water damage in condo?