Termite Issue in Condo Association

[Alexander Gill]

Working on my first purchase which has hit a snag.

I had an offer to purchase accepted for a condo purchase and as part of the next steps, the Sellers agent sent over the association meeting minutes and financials. The minutes were from 2018 and the last set were dated August 2018. During the August meeting the association discussed a termite issue with some of the units, one unit in particular had to be gutted and renovated which the association had to pay for. The association is multi building which are conjoined and is 180 units total.

I asked the Seller’s agent to forward the meeting minutes after August to determine what actions were taken to remediate the issue. The agent has indicated the association did not meet since August. She was going to check with the association on the next business day.

Something seems odd about this situation, wondering if and how others have dealt with a similar issues?

Thanks in advance for the advice.