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Updated almost 8 years ago, 02/14/2017

User Stats

13
Posts
0
Votes
Cody Jackson
  • Investor
  • Denver, CO
0
Votes |
13
Posts

Rent Compensation during structural repairs

Cody Jackson
  • Investor
  • Denver, CO
Posted

I have a rental condo where, after heavy rains, water got into the walls. The HOA has started on the repairs and cut out the wet drywall and used blowers to dry the rest. The unit is safe and habitable but still open. The HOA says they might have to redo the entire side of the building due to an original construction defect. Am I required to compensate my tenants for the inconvenience while work is done on the unit? If, so, what's standard compensation rates?

Thanks!!

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