Condo Q&A

Can owner get refund from overpaid association insurance policy?

Written by stephen polinsky | Mon, Dec 10, 2012 @ 02:02 PM

I am selling my condo. The association has a reserve fund from our association dues. Recently we found that an insurance company had over charged us for several years. We were able to get the insurance company to refund the over charge. Am I entitled to a share of the the over charge in the form of a cash settlement of the over charge.