aaronc879
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jan 10, 2006
- Messages
- 5,351
I live in a very low-end condo. Two buildings with 24 units total. There are 5 units in arrear. One of them is X3. At $115/mo each. On top of that they just told us there will be a special assessment of $1000/unit due by May 1st. I can only assume that those who can't or won't come up with $115 won't pay the extra $1000. Anyone know what happens in that case? Lets say 18 units pay and 6 don't, do the 18 have to pay extra to make up for those who can't pay? Would it be worth using limited reserve money to pay for a lawyer to force the others to pay?
I understand fees and assessments are necessary to maintain the buildings and grounds. I just want to make sure everyone pays their share so i'm not paying more than needed. Any advice?
I understand fees and assessments are necessary to maintain the buildings and grounds. I just want to make sure everyone pays their share so i'm not paying more than needed. Any advice?