Categories: Canada Articles

How to Ensure “Condo Fees” Are Paid Before the Mortgage in Cases of Default?

The timely payment of common expenses (commonly referred to as “condo fees”) is essential to the survival of condominium corporations. For this reason, the Condominium Act has put in place various mechanisms to facilitate the collection of these common expenses.    Read the article…………….

Editor

Recent Posts

Australia: NSW Fair Trading to review Netstrata

After their media investigation @LintonBesser and @NinahKopel from @ABCNews published an article High-profile strata company…

3 hours ago

Singapore: Flooding at condominium car park at Balmoral Crescent not caused by rainfall: PUB

Flooding at a condominium car park along Balmoral Crescent was not caused by rainfall but…

3 hours ago

Florida tightens condo insurance claim deadlines to ease disputes

New legislation signed into law this week sets clearer, stricter deadlines for filing loss assessment…

3 hours ago

Florida real estate struggles as ‘motivated’ sellers flood market

According to Redfin, the median time a Florida home spent on the market was 57…

3 hours ago

Park City affordable housing residents ask city council for HOA relief (UT)

Residents of affordable developments such as Park City Heights and Central Park Condos told the…

3 hours ago

Wantagh-Seaford Homeowners Association meeting addresses community issues (NY)

Community members packed the Wantagh American Legion hall for the meeting, which was hosted by…

3 hours ago