Unpaid common charges can be a disastrous burden on condo boards, but prompt action such as withholding amenities, filing a lien, and negotiating a solution can help resolve the issue. (Print: MOVE QUICKLY AND CONSIDER MEDIATION)
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returned by “Common charges”
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ArticleTopicsColumn TypeIssue
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Unpaid Common Charges: How to Handle Defaulting Condo Owners
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Allocations for Mixed-Use Condominiums
Mixed-use condos have varied governance structures with separate or overarching boards. Disputes arise over common charges, often due to budget discrepancies and special allocations. Proper budgeting and legal review are crucial.
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The Key to Collecting Overdue Common Charges
The bar for proving the need for foreclosure is high.
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Avoiding Mistakes When Calculating NYC Condo Common Charges
Ways to make sure miscalculation don't creep in.
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Figuring Out Your Shared Interests
What rights and responsibilities do commercial unit-owners have?
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Proportionate Shares Are Set in Stone
Unit-owners in condominiums have to pay their proportionate share of common charges – whether they want to or not.
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Remedies to Collect Common Charges
Stephen Lasser on RPL Sec. 339-AA
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Condos: Time to “True Up”
Allocated numbers should be confirmed from time to time.
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Common Charges During Foreclosure
Section 339-z of the real Property Law needs to be amended.
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Condo Collections/Non-Occupying Owner
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