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Consequences – Low Condo Fees Have Repercussions

Toronto Condo News
Publication date:
June 25, 2022
Article Summary: 

Low condo fees have repercussions

June 2019 One local condo community is currently struggling with the consequences of low condo fees and failure to maintain proper meeting minutes.

This is the first step in a process for replacing elected condo directors.

The condo board claims nothing is wrong with how they are managing the property and an annual budget inadequate to cover costs.

They can be unprepared to make unpopular decisions in the long-term interest of all.

The problems in this community appear to be longstanding.


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Source Citation: 
Toronto Condo News
Consequences – Low Condo Fees Have Repercussions
June 25, 2022
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