R.E. from Litchfield County, Connecticut writes: I just got a letter from the President of the Board of my condo informing me that a 20% increase in common fees is going to be necessary because more than 20% of the unit owners were currently more than one month behind in paying their common fees. This…
Tag: Common Fees
Double Taxation!
D.W. from New London County, Connecticut writes: Dear Mister Condo, As I understand it, my condo common fees are used, in part, for taking care of lots of things that regular homeowners get taken care of by their local municipality. I’m talking about repair and maintenance of the roads, including snow removal and items like…
Why am I paying for this?
R.B. from Hartford County, Connecticut writes: My husband and I bought our condo when it was brand new almost 5 years ago. We have loved living here as the common grounds include a pool, tennis courts, and walking paths. Last year, Phase II was developed and the new units offered for sale. Apparently, the developer…
Flood Insurance Costs Causing a Perfect Storm!
T.T. from New London County, Connecticut writes: Dear Mister Condo, My wife and I live in a lovely condo close to Long Island Sound. We don’t have water views but we do enjoy going to the nearby beach. This past year, our common fees were increased $75 per month to pay for a new type…