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Updated over 4 years ago,
Rental HOA...Please help me understand
Hello All. We are in escrow on our first investment property. It's a Condo with an HOA. From what I understand of most HOA's, I'm responsible for the interior and the HOA is responsible for the exterior/common areas. I was reading my Bylaws and CC&Rs and I'm confused by some of the verbiage, it states, "...and shall also be responsible for the maintenance and repair of the plumbing, electrical and heating systems servicing his Living Unit and located within the outside perimeter of the exterior bearing wall thereof, including television cable equipment and connections, and all appliances and equipment located in said Living Unit." I get that I am responsible for my interior, whether it's the plumbing or electrical. However, this makes it sound like I am also responsible for the outside of my unit, but a "common area" is described as "all portions of the Condominium Property not located within a Living Unit." I'm confused. Reading this, am I responsible for my exterior wall, or am I just responsible for any cables and such on that wall leading into my Living Unit? Any help in understanding this would be greatly appreciated.
Also, during inspection it was discovered that a skylight that is part of the original design, may need to be replaced. The Bylaws state, "Each Owner of a Condominium shall be responsible for the maintenance and repair of the glass doors and windows enclosing his Living Unit." Does a skylight fall under this? I would think it would be part of the roof.
Thanks again in advance for any and all advice!