We have a condo in Germantown, MD. All the buildings have been having problem leaking because evidently the builder took a short cut and did not put a barrier in the walls. Now, it is going to cost a lot to fix this. The management company says that the Master insurance policy won't cover this and the builder has been out of business for a while so they cannot go after them. Well, they have decided each unit needs to pay $4000.00 to cover the cost to fix the problem. That is a monthly payment of almost $400.00 for 35 months that we have to pay on top of the $250.00 of HOA payment. We cannot pay this amount as the times are really tough and we cannot afford this. Any way around this and can they recover this money any other way?
