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Category:
Financials
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Fixing Fee Appears
Author:
Toronto Condo News
Publication date:
August 23, 2022
Article Summary:
This article discusses the issue of condo fee arrears and provides strategies for boards to collect unpaid fees. The article highlights the importance of having clear policies in place for dealing with arrears and suggests actions such as sending reminder letters, setting up payment plans, and considering legal action as a last resort. The article emphasizes that proactive communication with owners is key in preventing arrears from occurring in the first place.
Keywords:
condo fee arrears, collections, communication, legal action.
Source Citation:
Toronto Condo News
Fixing Fee Appears
August 23, 2022
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