Asked by Tk, Miami Beach, FL • Wed Nov 4, 2009
I purchase a few units in 2006. Management company facilitate with renting the units and any maintenance that was needed for one year. I paid all my maintenance fees upfront and before the due date. The property management board when through some changes and the new members decided to shut down operation. I continue paying my maintenance fees for three months after and decided to stop since the units were not brining in any income. It became very challenging to continue paying for these units when Iâ€™m getting nothing out of them. The board of directors of the association are now pressuring me to pay all the past months, plus late payment, interest and whatever other expense they can think of. According to them my outstanding total is $15K. Please advice mean on what actions I can take? How is this possible to have to pay maintenance fee (that should have cover electricity, water, sewer, cable and common area expense) when the business was close?
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