My condo building has a separate 5 unit garage. The garage is 20 years old and needs to have the roof replaced. I maintain that because the condo unit owners pay an extra percentage in condo association dues that those funds should have been separated for garage-only expenses.
Instead they were co-mingled with condo building reserve funds and now the building is having a special assessment to cover the expenses (we are replacing the garage roof and shingles a long with main building shingles).
Was this handled correctly? Going forward should the garage portion of condo association dues be separated or is this being too picky. We are only a 12 unit condo association. Thoughts please.
