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dumbcat

(2,158 posts)

8. That's also what I was thinking ...

Reply to Hekate (Reply #6)

Sat Jun 26, 2021, 05:32 PM

Jun 2021

But consider this scenario:

The CEO or Manager or whatever he is called that manages the Building Owner's Board get the report in 2018 that there are serious structural issues in the building possibly leading to failure. The manager/CEO calls a board meeting (the owners of the condos in the building) and recommends that they all evacuate and move out of their homes until further notice that it is safe, and says they need to assess each owner approx. $100K each to begin the repairs needed to the structure. It remains to be seen how long it will take or what the ultimate assessment to each condo owner will be. That's what the manager needs to do to limit his liability.

What do you think the condo board members (and all the condo owners) will do? (Remember, this is back in 2018, and based on a report from some engineers.)

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Does anyone face criminal liability for the Surfside collapse? [View all] SoonerPride Jun 2021 OP

Depends on the results of the investigation. If this was China, heads would (literally) roll. hlthe2b Jun 2021 #1

Wasn't there a beheading shortly after an apartment building collapsed rurallib Jun 2021 #4

The thing is, with condominiums ... the owners of the condos are also the owners of the building Hugh_Lebowski Jun 2021 #2

If anything, the insurance companies will look for someone to blame. C_U_L8R Jun 2021 #3

It is rare for criminal charges in these cases. NutmegYankee Jun 2021 #5

Condos have Homeowners' Boards to whom this report should have gone. They are responsible ... Hekate Jun 2021 #6

That's also what I was thinking ... dumbcat Jun 2021 #8

Most buildings like this Sgent Jun 2021 #22

I read something this morning about repairs costing about $9 mil dumbcat Jun 2021 #25

The association would vote on a special assessment, if there was not Politicub Jun 2021 #27

Suspect it's too late to go after developers. Condo Board maybe, but they Hoyt Jun 2021 #7

I can't even imagine living in a condo building like that dumbcat Jun 2021 #9

seems like people will put up with a lot for a view of the ocean Skittles Jun 2021 #11

I used to live in a building larger than that Generic Brad Jun 2021 #17

I agree on view, safety, etc. But depending on a bunch of people on Board Hoyt Jun 2021 #18

I sit on my condo board right now Generic Brad Jun 2021 #20

I'm speaking of internal politics. Some have their favorite landscape Hoyt Jun 2021 #21

I've lived in a place managed like that Generic Brad Jun 2021 #23

Well you realize millions of people do have to? Nt USALiberal Jun 2021 #24

A relative got on a condo board. First thing I asked was did they have officer's liability insurance Klaralven Jun 2021 #15

I think it is a bit early for that, can we try and get everyone out first. Bev54 Jun 2021 #10

there are other buildings nearby Skittles Jun 2021 #12

That may be but it is not the time to be talking about Bev54 Jun 2021 #13

I disagree Skittles Jun 2021 #19

I think the city building oficials and the condo boards ... dumbcat Jun 2021 #16

The recovery should start in a couple days Klaralven Jun 2021 #14

Way too early to tell. TraceNC Jun 2021 #26