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Repair of damage in common areas of apartment building

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  • 23-06-2017 7:55pm
    #1
    ManofStraw
    Registered Users Posts: 304 ✭✭


    Who is responsible for damage to common areas in an apartment building, say for instance a communal corridor suffers from water damage or a sizable leak is discovered within the building, is the management company responsible for repairs, or are repairs funded by the individual unit owners ?


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    #2
    Fred Swanson
    Closed Accounts Posts: 21,730 ✭✭✭✭Fred Swanson


    This post has been deleted.


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    #3
    Del2005
    Registered Users Posts: 18,942 ✭✭✭✭Del2005


    ManofStraw wrote: »
    Who is responsible for damage to common areas in an apartment building, say for instance a communal corridor suffers from water damage or a sizable leak is discovered within the building, is the management company responsible for repairs, or are repairs funded by the individual unit owners ?

    Eventuallty the residents will pay. If the MC pays out they'll have to increase the charges to cover the costs, they have to maintain the sinking fund at a certain level.
    Fred Swanson wrote: »
    This post has been deleted.

    The excess is usually high for MUDs, IIRC ours if €5k. So depends on the amount of damage, but as I said even if they claim the excess will have to be paid by the residents eventually.


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    #4
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    ManofStraw wrote: »
    is the management company responsible for repairs, or are repairs funded by the individual unit owners ?

    The management company are the individual unit owners.


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