Capital reserve fund exists to minimize special assessments
Q: Due to mismanagement over the years, the monthly fee on a condo my sister purchased in 2005 increased from $350 to $436 to $644 per month following an assessment in January 2015. Is this allowed? The reserve fund was not kept up until recently. What is the required amount for a reserve fund? Read the article…………….
Three men suffered carbon monoxide poisoning last week while cleaning an underground condo garage on Kingston Road with a gas-fired
Q: How important is it to have the Annual Fire Inspection completed in a condominium and can you offer some helpful tips in
Dear Tony: Is there a simple answer to the limit on increases for annual strata fees? Our strata is proposing