HVAC
Also known as: Heating, Ventilation, and Air Conditioning
Heating, ventilation, and air conditioning systems that control the indoor climate. In some condominiums, HVAC systems are centralized and maintained by the association. In others, each unit has its own system for which the owner is responsible. Common area HVAC systems for lobbies, hallways, and amenity spaces are the association responsibility. HVAC systems are major reserve fund components with typical lifespans of 15 to 25 years.
Example in Context
The association budgeted $180,000 in the reserve fund for replacement of the centralized HVAC system serving the common area lobby and fitness center.
Frequently Asked Questions
Is the HVAC system my responsibility or the HOA's?
It depends on the type of system and your community's declaration. If your unit has its own individual HVAC system (like a furnace or heat pump), it is typically your responsibility. If the building has a centralized HVAC system serving multiple units, the association usually maintains it. Common area HVAC (for lobbies, hallways, and amenity spaces) is always the association's responsibility.