How condo maintenance fees are calculated and spent (ON)

There are more than 2,500 registered condominium corporations in the City of Toronto. While those condominiums may range from skyscrapers made up of apartment-style units to blocks of townhouses, one thing that every condominium corporation has in common is the obligation for unit owners to pay common expenses.  Maintenance fees will often be several hundred dollars per month or more, so unit owners want to know how are they’re calculated and how they’re spent.    Read the article………….


Related Articles

How to run a condominium meeting

Are you the Director of a Condo Association or Condo Board? Efficiently and effectively running a Board Meeting can be

Toronto condo fraud: Embezzlement, kickbacks and bid-rigging

“Condo owners in Ontario lose millions of dollars a year, because of bid rigging and fraud,” alleges Anne-Marie Ambert, a

3 Tips for Improved Revenue Growth

Your HOA is like any other business, and to succeed, you need to see revenue growth. However, it can be