Lakewood homeowners claim they were duped by hidden maintenance costs
05 May 2016
Please watch the video. There is more information that is not stated below.
It appears that the owners refused to
raise their monthly maintenance fees to pay for the repairs so that it
would be easier for them to sell their units.
Residents of a condominium in Lakewood claimed new documents uncovered
their homeowners' association hid millions of dollars in maintenance
costs for years.
Neighbors, now saddled with a collective $3 million assessment to
replace a faulty HVAC system at Marine Towers East on Edgewater Drive,
told newsnet5.com they bought their homes with no idea they’d soon be
on the hook for expensive repairs.
H. Nabil is one of 10 owners suing the Marine Towers East Condominium
Association in Cuyahoga County Common Pleas Court. She said she
purchased her unit in 2014.
“You bring in an inspector, you ask your real estate agent, you go and
inspect the apartment itself,” Nabil said. “But you do not go inspect
the pipes in the building. You don’t go into the infrastructure.”
Documents she uncovered showed the condo board knew about the
possibility of expensive maintenance years ago. An engineering proposal
from the Brewer-Garrett Company, dated April 27, 2011, estimated
replacing aging pipes throughout the building would cost $2.7 million.
Then, a 2013 study from Criterium-Liszkay Engineers showed a need for
more expensive repairs, including replacing asphalt, the roof, boiler,
garage door equipment, the pool heater, generator, front awning washer
and dryers and more.
“It shows that they knew about it and they failed to maintain, they failed to disclose,” she said.
On Thursday, the condo board’s president did not immediately respond to phone calls and emails for comment.
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