Condo Culture: Board should take immediate action against owners who do not pay fees
Q. I have heard that a few owners have fallen behind in their condo fees. This worries me because I know our monthly condo fees are necessary for the operations of our condominium property. I don’t want our condo fees to be increased because of other owners who fall behind. I certainly understand that sometimes there may be job layoffs or unknown hardships that cannot be helped. How does a board deal with these arrears fairly on behalf of all owners? Read the article…………..
Q: Our condominium bylaws make no mention of when condo fees are due. Is there an accepted practice, such as
A fairly recent provincial Strata Property Act amendment requires strata corporations document future maintenance and assure sufficient funds are put