Condo maintenance mismanagement or fraud?
I live in a 5 year old Condo, and this past year, even though they keep raising our maintenance fees every year, they seem to keep doing less and less maintenance on the building.
They have not done a power wash in the underground parking in the last year, they have not had regular maintenance to the grounds, they have not been doing the regular maintenance on the sprinkler system or the air conditioning system. This last item actually has caused the air conditioning unit to fail, and they are telling us that it's going to take 5 weeks to fix it, because the system is in such disrepair they have to replace the whole thing. Same thing goes for the sprinkler system, the superintendant says it's held together with spit and bailing wire.
Question is, what can the owners do about this? Our board of directors do not answer any questions or letters sent to them about these issues, other than saying there is nothing they can do about it. They keep claiming that there just isn't enough money to do everything, and every year our fees go up.
Does this sound like a corrupt board or is this normal for a condo?