Condominium V – Board of Managers

Condo V- September 2025

HAPPY BIRTHDAY

Andrea Stumme, Dan Murro, Barbara Reilly, Vittona Vitucci, Jay Bjorn, Carol Peluso, Mia Martuccio, Joseph Martuccio, and Peter Rasmussen

Let’s get down to business

The basement on Woodland is having some leakage issues. We will be looking for someone to fix the leakage issues, address the mold issues, insulate the basement, and replace all the drywall.

INSURANCE COVERAGE:
Every owner and tenant in Bretton Woods has been informed through the public media or is aware that the insurance industry has been severely affected financially due to natural and manmade disasters. Condominium insurance costs have not escaped this financial hit.
As a condo owner or renter, your Condo V Board recommends that you review your personal insurance policies. Construction costs, replacement costs of appliances, furniture, flooring, and personal items have also incurred price increases.
The insurance companies now have incorporated risk management addendums to their policies, which, when followed, help minimize the possibility of NYS Labor law having an adverse effect on you and your insurance coverage.
1. Prior to commencing any work, have a written contract in place that includes an appropriate indemnification clause in your favor.
2. Make sure your contractor is insured and provides you with not only a certificate of insurance but also names you as an additional insured for that project.
3. Make sure your contractor has Workers’ Compensation Insurance
4. Have your contractor sign a HOLD HARMLESS CLAUSE, which can be obtained from your Board.
5. All work performed on common property must be approved by the Condo Board, which includes, but is not limited to, fencing, patios, landscaping, window installations, and painting. You must present a copy of the contract (work to be done), contractor insurance papers, and a Hold Harmless Form prior to the start of the project.

IMPORTANT:
All HOMEOWNER STATEMENTS WITH THE CONDO AND THE HOA SHOULD HAVE A ZERO BALANCE AT THE END OF THE FISCAL YEAR, WHICH IS SEPTEMBER 30, 2025. IF YOU ARE UNSURE WHAT YOUR BALANCE IS, PLEASE CALL THE HOA OFFICE AND THE STAFF WILL GIVE YOU THE AMOUNT YOU OWE.
FALL IS DRYER VENT CLEANING TIME:
CALL MAINTENANCE TO CLEAN OUT YOUR DRYER VENT at a minimal cost or you can hire an outside contractor. The dryer filter does not stop all the lint from accumulating in the pipe leading to the roof. Prevent a dryer fire.