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Re: Why does Maintenance Fees increase? (by Donald D.):
This is 'SOME' of the Information I would like to see on the 'Statements' from my TS-Unit Managment
1) Total number of ACTUAL UNITS (c/w Breakdown of 1BR, 2BR, Studio, Penthouse, 3BR, etc) 2) ACTUAL Listing of Unit-Weeks that are 'Owned' by individuals and those retained by Developer .... it is probably 'wishfull thinking' to have a list of NAMES of 'fellow-owners'... 3) Then, ALL Costs should be Itemized.... Insurance, Taxes, Salaries, Tradesmen fees, repairs... groundskeeping, stuff I would not know about.... Surely, 'Owners' should NOT be responsible for Units 'in arrears' or for Resale, whatever. 4) The Statement should have the SEAL and Signature of a Licensed Auditor/Accountant.
You other Owners (with greater Management Skills and Experience) should be able to expand on this.