Ouch! These Condo Owners In Sarasota FLA Get Hit With Big Assessments to Fix Waterproofing Problems

My news feed this morning sent me this tip on a condo in Florida that has big waterproofing problems discovered in 2001 when Tropical Storm Gabrielle water tested the building…
and it apparently failed in a huge way.

A big mess of subcontractors, the developer, the waterproofing consultant, the architect and everyone else dragged in to the suit has bogged down the legal process and now the owners are special assessing themselves an average of $12,000+ (assessments are based on the square footage of your unit) to pay an estimated 3.15 million in repair costs and design fees.

Click our headline to go to Sarasota and read their article on these residents misery…