New To The Condominium Way Of Life?

This article provides a Q&A style guide for those new to living in a condominium, covering topics such as condo fees, their usage, consequences of not paying them, and options for those unable to pay due to COVID-19. Condo fees are collected to pay for common expenses such as maintenance, repairs, and professional fees, and should be payable to the condo, not individuals. Failure to pay condo fees may result in a lien against the owner's unit, and interest, collection costs, and legal fees may also be charged. While struggling to pay condo fees due to the pandemic is unfortunate, it is not a defense against a condo's action to sell an owner's unit, though payment plans may be available in certain cases.