top of page
< Back

Educational Materials/Courses

Save this article  > 

When Condo Fees Are Not Paid

Toronto Condo News
Publication date:
July 26, 2018
Article Summary: 

The blog post discusses the implications of unpaid condominium fees and the steps that condominium corporations can take to address delinquent accounts. It explains that unpaid fees can affect the financial stability of the corporation and may lead to increased costs for other residents. The article suggests that condominium corporations should have clear collection policies in place, which may include sending notices, imposing late fees or interest charges, and pursuing legal action as a last resort. Additionally, the post recommends that condominium corporations communicate regularly with residents about the importance of paying fees on time and the consequences of non-payment.


condominium fees, delinquent accounts, financial stability, collection policies, notices, late fees, interest charges, legal action, communication, consequences, non-payment.

Source Citation: 
Toronto Condo News
When Condo Fees Are Not Paid
July 26, 2018
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