Can a condo board charge owners a resale capital contribution for resales?
Q. I am on the board in my condominium association, and we have heard of other communities charging a resale capital contribution for resales. This seems to be a great way of generating additional revenue to supplement assessments and prevent increases in assessments. Can our board of directors pass a resolution to implement such an assessment? Read the article…………..
Q: I live in a condominium unit. However I am not the unit owner, I rent the unit. I have
Q: I received my quarterly dues statement and it went up. There was no notice and no explanation. Is this