Townhouse Roof Replacement Who Pays

The community is 18 years old and many of us are having repeated leaks to repair.

Townhouse roof replacement who pays. Our documents only allow the hoa to clean the roofs annually and allow for no reserve account to replace the roof. If the home you re looking at qualifies as a townhouse condo there will be an association that governs the development. Does the townhouse have a hoa. Depending on the terms of the homeowner s association agreement the dues are meted out periodically for different reasons.

If your association pays for all roof maintenance including replacement when the time comes it budgets for the costs in advance. There is no one answer that covers all situations but here s how to find out who has to pay for your townhouse roof repair. Hoa collect fees from the owners of the townhomes and are typically responsible for outdoor maintenance tasks including landscaping snow removal and roofing. Whether the roof is leaking a water line is busted or a window needs to be cleaned questions of who provides maintenance in a community governed by a homeowners association arise regularly.

Townhouses may be governed by a homeowner s association hoa or a co operative just like condominiums. In a simple sense a community association is formed for the purpose of maintaining the common areas within the community while the owners are. Sometimes these include capital improvements to the townhomes such as roof repairs and replacements. Just like a regular condo you ll have to pay a monthly maintenance fee to cover ongoing expenses incurred by the condo corporation you may also have to pay a special assessment fee if a major repair is required.

That s the good news. The budget generally determines your condo fees. A typical all perils homeowners insurance policy does cover your roof and the cost of replacing it if it gets damaged.