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Should big assessment for new windows be paid from reserves?


Question:

Our condo association (in Florida) is going to replace our windows, including sliding glass doors to the lanais, jalousies and all plate glass windows in all units. Some units have more windows than others. Our monthly dues are based on unit square footage, some paying more than others. The Board intends to use the reserve funds to completely pay for the first phase where some units have more windows than some of the other units. The question is when the monies are put into the reserve fund are they considered co-mingled, do they lose their pro-rata basis? Some owners with less windows are complaining that they should not be paying the same as other owners with more windows. But the owners with more windows are paying more in monthly dues/assessments. Is it true that once the monies are in reserves they are disbursed for repairs and maintenance without regard to who put in how much? The needed replacement of the windows is an enhancement of the complete investment - all seem to profit equally from improving the value of the complex. Thanks. Ideas? 


Answers (19)

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