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Entries Tagged ‘fee’

FL: Island Escape condos score ‘final judgment’ against fee scofflaw, again

In a case closely watched by other condominium associations, a small Clearwater Beach complex has moved a step toward evicting an owner who owes thousands of dollars in maintenance fees. Originally from Community Associations Network National

NH: Condo fee delinquents targeted

A local condominium complex is in turmoil after its owners association’s board of directors decided to play hardball with residents who are delinquent – “jersey barriers” block drives Originally from Community Associations Network National

VA: Condo owners upset over proposed $24,000 per owner fee for repairs

Some condo owners in Va. Beach say a $24,000-per-owner assessment for repairs and renovations is too much. Originally from Community Associations Network National

WI: Sturtevant condo residents can’t change double garbage fee

Residents of condominiums in Sturtevant have a lot in common with their counterparts in Mount Pleasant. Originally from Community Associations Network National

NY: Co-op owners hit hardest by 2011 fee hikes

Annual common charges in New York City condominiums are slated to increase next year by between 4.5 percent and 6.5 percent, on average Originally from Community Associations Network National

OH: Condo Fee Hike

Condo association fees have been skyrocketing to record levels, because so many owners are facing foreclosure. Originally from Community Associations Network National

CA: Legislation Aims to Cap Document Fee Charges at Condominium Sales

In California, when a person purchases a unit, such as a condominium, in a common interest development, state law requires that he or she be provided with an extensive list of documents. That list includes things such as governing documents, operating rules, restrictions on occupancy and use, the amount of special and regular assessments, and [...]

Fannie Mae’s added fee to crunch condo buyers

With many lenders already casting a wary eye on condo loans because of their default rate, Fannie Mae has upped the ante by adding a fee of .75 percent of the loan amount of a 30-year fixed mortgage, for borrowers who put down 25 percent of the purchase price or less, effective April 1. Originally [...]

FL: Background check’s fee irks widower in condo fray

Bartell, a retired dentist who has lived at Century Village in West Palm Beach for more than 20 years, is refusing to pay a $100 fee for a background check on himself. Originally from Community Associations Network National

LA: Elderly unable to pay large condo fee

Pat Elliott has owned a condo at the Victorian Condominiums since 1987, but the notice she just received could mean the end of her time here, and the end of her lifestyle, because her electricity could be cut off May 1. Originally from Community Associations Network National

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