Category:
Rights & Responsibilities
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Rising Maintenance Fees: How Much Is Too Much?
Author:
Jenn Costigan
Publication date:
June 4, 2022
Article Summary:
In this blog post, the author discusses rising maintenance fees in condominium buildings and provides some tips for condo owners on how to determine whether their fees are too high and what they can do about it. They suggest that owners should review their condo's financial statements to see where the money is being spent, compare their fees to those of other similar buildings, and get involved in the condo board to have a say in how the money is being allocated. The author concludes that while rising maintenance fees can be a cause for concern, they are necessary to keep buildings in good repair and functioning properly.
Keywords:
maintenance fees, condominiums, financial statements, condo board, building repairs.
Source Citation:
Jenn Costigan
Rising Maintenance Fees: How Much Is Too Much?
June 4, 2022
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