Condo Association fee

Asked by Laura M, Utica, MI Tue Apr 7, 2009

how often that fee will go up?? can it be changed at any time by the association ??

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Maureen Fran…, Agent, Birmingham, MI
Tue Apr 7, 2009
if you are buying a condo, you should review the condo bylaws and their financial information. You could also talk to the association president and ask them how often they dues have gone up historically, and if they will be considering any special assessments in the near future.
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Bill Eckler, Agent, Venice, FL
Tue Apr 7, 2009

As a voting member of the home owner's association each resident has a small amount of input into the overall process. These fees often increase because of increasing expenses and they rarely decrease but they sometimes can.. it's impossible to predict the frequency of increases that by most association by-laws must be approved by a membership vote.
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