Condominiums with commercial units often pay a significant source of income for the corporation, but boards need to ensure they are not being shortchanged by checking the declaration and bylaws to ensure commercial units are being charged properly. (Print: Condo Commercial Income: Are You Being Shortchanged?)
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“Commercial Unit-Owner” returned 3 articles
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ArticleTopicsColumn TypeIssue
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Condo Boards Are Being Shortchanged by Commercial Unit Owners
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What to Do When Expense Allocations Get Out of Whack in Mixed-Use Condominiums
Allocating expenses to commercial units in a condo can get tricky when the sponsor is involved.
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Figuring Out Your Shared Interests
What rights and responsibilities do commercial unit-owners have?
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