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WiseOwl58
WiseOwl58, Lawyer
Category: Real Estate Law
Satisfied Customers: 3620
Experience:  Experienced real estate lawyer and real estate broker.
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The Board of Directors of our condo association is

Customer Question

The Board of Directors of our condo association is withholding reimbursement to us for
restoration and repair of our unit (MadBush Condominiums, Waitsfield, VT) due to water damage. Structural damage was additionally revealed when our condo was gutted. Two claims were submitted on the Association's policy and VT Mutual paid the money to the BOD. There were two contractors involved. The first was paid approx. half of his bid price to begin work. Not only did he quit in the middle, but the work he did was worse than Terrible. We had to hire a second contractor to re-do most of it and finish the work. We paid him approximately $7000. of our own money which the BOD refuses to pay us even though the claim specifically shows it earmarked for our unit.
Submitted: 8 months ago.
Category: Real Estate Law
Expert:  WiseOwl58 replied 8 months ago.

Under Vermont law, the HOA is required to reimburse you for the repairs. They are not allowed to withhold the funds, especially since they have recovered from the insurance company. Tell them you have conferred with a real property attorney, and not only are they liable to you for the amounts, but if you bring litigation against them, you can recover court fees and penalties.

Please rate 4 or 5 and close out the question. Good luck to you. I wish you all the best.

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