top of page
< Back

Save this article  > 


Toronto Condo News
Publication date:
April 1, 2023
Article Summary: 

The provided link leads to an article titled "Time to Pay Up" on the ToCondoNews website. The article discusses the importance of timely payment of condo fees or common expenses by condominium residents. It highlights the significance of condo fees in maintaining the proper functioning and upkeep of the condominium community, including services, repairs, and amenities. The article addresses the potential consequences of late or unpaid fees, such as financial strain on the corporation, deferred maintenance, and potential legal actions. It emphasizes the responsibility of residents to fulfill their payment obligations and the role of the condominium board in enforcing timely payments. The article provides insights into strategies for encouraging prompt payment, such as effective communication, reminders, and penalties for non-payment. It aims to raise awareness among residents about the importance of meeting their financial obligations and contributing to the financial health of the condominium community.


time to pay up, condo fees, common expenses, condominium residents, proper functioning, upkeep, services, repairs, amenities, financial strain, deferred maintenance, legal actions, payment obligations, condominium board, effective communication, reminders, penalties, financial obligations, financial health, condominium community.

Source Citation: 
Toronto Condo News
April 1, 2023
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page