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Who should pay for home inspection repairs? Individual owners or HOA?

We are 65% owner of a two unit condo. The other unit is for sale. Home inspection reported a structural issue for about $2,500. HOA has $3,000 balance currently. Who pays? HOA? Sellers? Out of packet between both owners?
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June 21 2013 - Boston
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Profile picture for shapiroamg

Its a HOA issue. You can pay out of the reserve if you have or have a special assessment.

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June 26 2013
Typically the owner of the condo only owns inside the walls, so any structural problems lie with the HOA.  Read the CCR documents.
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June 22 2013
Profile picture for JeffCarlton9
Thank you both for responding so quickly. I will review the docs tonight. The condo is one building...2 units. Unit 1= 1st floor (sellers). Unit 2 = 2nd, 3rd floors (me). The 2 main problems reported on home inspection were one sagging floor joist and one missing beam. Even though most likely existing issues, all parties agree they should be repaired. Quotes are approx $2,500. What I'm not clear on... Should the HOA pay this repair out of the acct (basically cleaning it out before new owners take over), should the two current unit owners pay out of pocket or crazy thought... Should Unit 1 owners pay the full amount because they are the ones trying to sell?
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June 21 2013
If the HOA covers more than just the one 2 unit condo, then obviously it should not be paying unless it is something they cover with the HOA fee, like the swimming pool (for example). The question comes down to what is the issue and who normally would fix it. You have not given us enough to go on. Sellers can say no and not fix it at all.
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June 21 2013
You will have to check your HOA docs, covenants and bylaws to see who is the responsible party. Repairs and maintenance should be addressed in there. Regardless of what the rules are, if you can negotiate an agreement that is acceptable to all parties then it can be written in as an amendment to the contract.
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June 21 2013
 
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