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Re: Condo common areas
When I used to do condos, I inspected the condo interiors only, however, any common area elements I found wrong between where I parked, walked, and the roof (for access to the a/c condenser units) I included in my report and stated that the condo association should be notified, and that if any special assessments were to be made for those repairs, the special assessments should be addressed prior to closing.
I had more than one condo where the roofs needed to be replaced, and, yep, there was NO RESERVE for roof replacement. That deal fell through because of that. My client assumed, rightly, that any management association and condo board who were so cheap as to not have a reserve fund for roofs, parking areas, pools, etc., were to cheap to properly maintain other things too, and they wanted no part of an association like that.
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