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Updated about 10 years ago,
Balcony enclosed before techinically allowed
So I am in a bit of a pickle. I am on the verge of submitting a strong offer on a place that I like, and I get this documentation saying that, the association will be meeting, and will decided how the balconies should be enclosed by code. The thing is, many units in this complex already enclosed their balconies, which were approved by the association but this was before any laws about the enclosure code were in place. Now they are saying, there is a possibility that a condo that has already done an enclosure MAY have to redo it if not up to the code.
Now, I don't want to pass up on the place, but I don't really want to deal with a potential headache down the road. Do you guys think its even possible that the association can tell dozens of people to redo their enclosures when they were the ones that approved it in the first place? Should this be a bargaining chip that I should be knocking like an additional 10k off my offer? They admitted that they had a buyer and they dropped out because they got work of this same notice I described.