Your Rights and Responsibilities After Buying Condos for Sale in Irvine

When you are buying condos for sale in Irvine, you need to understand the basic rights and responsibilities of a condo owner. You also need to be aware of the maintenance rights, rules and regulations.

Condo Owner’s Rights:

Some of the basic rights of a condo owner are listed below.

·You have the right to vote for different issues the meetings organized by the owners.

·Voting rights also include electing a board member.

·A condo owner can review corporation records (e.g., financial statements, meeting minutes) but for that, you need to request it in writing in advance.

·If you feel that a new issue should be added to the agenda of the owners’ meeting. You have the right to do so.

·You can also exercise your right for a court’s order if the required duty comes under the Condominium Act and the corporation is not fulfilling it.

·If you can get a majority of votes, you can remove a director who is not suitable for the post.

Responsibilities of a Condo Owner

If you purchase one of the condos for sale in Irvine, CA, then you have to abide by some rules and fulfill some responsibilities as well. Some of these responsibilities are listed here:

·You are responsible for paying your condo’s monthly fees. You are responsible for the payment of including any special assessments, charge back or liens too.

·Following the rules and by-laws according to the condominium, you are responsible for the maintenance and repair of your unit.

·Abide by the declaration of the condominium, by-laws and rules

·Avoid indecent behavior even if a dispute arises with other condo owners or the directors. It is your responsibility to handle disagreements through discussion, arbitration, settlement or a court order

·It is not only your right but your responsibility to elect suitable people for the governing board of the condominium property and run the corporation

Maintenance and Repairs

The condos for sale in Irvine need two types of repairs and maintenance.

·Individual Unit Repair and Maintenance

·Common Areas Repair and Maintenance

Individual Unit Repair and Maintenance

The individual unit repair and maintenance normally includes all the repairs and maintenance in the unit as a whole. Although, it may vary from one complex to another. In many condo complexes, the hidden plumbing and the electrical equipment behind the walls also comes under the responsibility of the condo owner. You must read and understand your complex’s declaration to know more these responsibilities and duties.

In case the interior of your unit gets damaged because of the problem of a neighboring unit like a leaky roof or any other such damage, then you need to get in touch with the responsible property manager or the board of directors of the complex. If you got insurance before buying one of the condos, then it is a good idea to get in touch with them as well.

Repairs to the common elements

The condo’s corporation’s responsibility is to take care of the maintenance, repairs, and upkeep of all the exterior of the complex. It includes the hallways, elevators, exercise facilities, parks, roads, lawns, landscaped gardens, trees, and parking areas in the condominium complex.

Author:  April Lavine is the current Managing Broker of Irvine Residential Living and she has the complete knowledge of homes for sale in Irvine.