a very simple question, i hope some lights to be shed on.
building that I am about to purchase a unit on, has shown extensive concrete spalling.
there are 20 units in the building, so special levy would be 120,000/20 = 6000 per unit.
I don't mind forking out this money to get it fixed ... BUT ... what will happen if not all 20 units willing to fork out the money? Will it ever get fixed?
let say that only 10 units agreed to have this fixed ... not sure if they would do 120,000/10 = 12,000 ... which is too much for me to fork out.
considering this will impact in structural damage if being left like this, obviously i would want all 20 units to agree on this special levy but i am just a single unit and don't have that power to force all 20 to do what i think should be done.
what is your thoughts on this?
building that I am about to purchase a unit on, has shown extensive concrete spalling.
there are 20 units in the building, so special levy would be 120,000/20 = 6000 per unit.
I don't mind forking out this money to get it fixed ... BUT ... what will happen if not all 20 units willing to fork out the money? Will it ever get fixed?
let say that only 10 units agreed to have this fixed ... not sure if they would do 120,000/10 = 12,000 ... which is too much for me to fork out.
considering this will impact in structural damage if being left like this, obviously i would want all 20 units to agree on this special levy but i am just a single unit and don't have that power to force all 20 to do what i think should be done.
what is your thoughts on this?