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What Can Be Assessed To Condo Owners

Author: 
Toronto Condo News
Publication date:
January 25, 2019
Article Summary: 

Condo owners are responsible for paying their share of corporation expenses, such as snow clearing and deicing services. In the event of damage, repairs become the responsibility of the corporation and are reflected in condo fees. When a reserve fund lacks funds, funds can be collected from owners in the form of higher condo fees or special assessments.

Keywords: 

condo fees, condo fees increase, snow clearing expenses, snow removal expenses, condo reserve fund, condo maintenance fees, condo costs, condo deicing services

Source Citation: 
Toronto Condo News
What Can Be Assessed To Condo Owners
January 25, 2019
https://tocondonews.com/archives/what-can-be-assessed-to-condo-owners/
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