What’s clear is that the issues created by aging condominiums are by no means unique to Hawaii. “Aging Condominiums: Repair or Terminate?” FieldLaw.com (Canada), December 22, 2022. “Maintaining Aging Buildings, Older Structures Have Special Concerns,” New England Condominium, March 2022.”“Condo owners in aging building face $14M in repairs. “Advice for Hawaii Condo Owners and Boards,” Hawaii Business, September 4, 2020. They say that keeping an aging condo functional and safe can cost millions of dollars, take months or even years to complete and requires that condo boards plan well in advance.


Source:   CBC News
January 08, 2023 14:40 UTC