Are there condo fees with all town homes?

Answer Short answer: generally, yes, unless its part of a rental complex. Long answer: your issue may be in vocabulary. Condo is really condominium; fees are really assessments; townhomes is a style of re... Read More »

Top Q&A For: Are there condo fees with all town homes

Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?

Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the p... Read More »

Is there a maximum increase allowed for condo association fees?

Read your governing documents to verify that over a certain percentage, such as a 25% increase, all mortgage lenders must be notified. Every set of documents will handle this option differently. Wh... Read More »

If you own your home outright and the condo association has placed a lien on it for unpaid condo association fees can they take your home if the fees are not paid?

Yes.Read your governing documents to verify that your monthly assessments represent an automatic lien on your title.When your board decides to file a formal lien, they are taking one of several ste... Read More »

In relation to collecting condo fees what are actual attorney fees and costs?

Since every set of circumstances is different, there is no exact answer to your question. Here are some of the variables to consider: The attorney's hourly feesThe filing fees for filing the lienT... Read More »