Condo Smarts: Secure debts, no matter how small
Dear Tony: Our strata approved a project in August 2013 for the painting of our townhouses. Most of the funds were taken from the contingency fund, but we also had a special levy that cost each unit $350. Two owners did not pay their levy, and now one of the units has sold and the lawyer for the seller is refusing to pay the levy, citing the limitation period. The amount was only $350, so we didn’t see the point of filing liens or court actions or getting legal advice, because it would have incurred more cost than the levy. Is there a better way for a strata to collect small amounts without incurring unrecoverable costs? Read the Q&A……….
Q Can a person who has sold his or her unit and is no longer an owner or mortgagee hold
Dear Tony: We hope you can write one more column about liquidation. Our strata was created in 1974 and our
Joe Rae lives in a complex that has been hit by burglars who didn’t need a crowbar or any other