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Condo rules change with ownership (by R P.):

royinec wrote:

I was given a 2 week notice that my condo assoc ws requesting a full year of monthly fee's upfront. This has not been the usual. My fee was over $2000.00. Got the bill 14 days before Christmas requesting full payment by 1/12/11. Somehow my payment crossed in the mail with the letter they sent to the owners. We were told if the fee's were not paid in full,we would be denied entry to our units. Ontop of a penalty of $25.00 and 15% interest. I feel the new management hopes the owners walk away. My condo is paid in full and I feel like we are being pushed out. Is this legal?

Most people pay maintenance fees by the year, not by the month .... with the economy like it is, many people are not paying maintenance fees period and their week will eventually go into foreclosure .... it depends on how important your week is to you as to whether or not you pay them all at once.

However, I would get in touch with the BOD or management and tell them how much of a hardship this new form of payment may ne on owners .... it seems to be a rather questionable move in this down economy.