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Probably not.
Just as you can't claim ownership of property to which you have no title.
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∙ 14y ago
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Lost my job have not paid condo fees for years I own my condo and pay monthly mortgage but not enough money for condo fees. I am on ssi and food stamps.?
You can wait for the association to take action against you for the debt you owe, or you can take action and explore payment plans that fit into your current situation.
Are fees paid for a loan modification tax deductible?
no you have to claim it as income
Have Florida legislators passed a law to force condo owners to pay their condo fees?
no but trying to If a condo owner falls more than 90 days in arrears of association, the right to use common areas can be suspended by the association until such dues are paid.
Is it legal for landlord of condo to pass on to renter move-in fees lease fees payable to the condo board?
Yes it is perfectly legal to pass on the move in fees, however the lease fees are another issue, depends what the lease fees are if for the amenities NO as the owner has already paid for them, as a precessing fee yes, to generate a lease yes. There ae doezens of reasons for different fees I have even seen a move in and a move out fee, interview fee, etc The landloard can cahrge you basically anything he wants if you agree to it.
Can you claim Condo fees as home improvements?
Condominium assessments are paid by owners to support the operation of the condominium community. Assessments pay for professional services, maintenance and contributions to reserves. You can review your question to your tax preparer, who may be able to give you a more definite answer, given your association's budget details.
If your condo goes into foreclosure do you still owe the condo fees?
Yes, until the bank is the owner. The fact you're in foreclosure doesn't change the fact utilities need to be paid as well as your staff. It's not only the bank that can put you into foreclosure; even your HOA/condo association can force the sale of your home due to delinquency.
Is there a law regarding condo fees I live in a four-unit condo One of the members has not paid his condo fee for 7 months?
Yes, and the law is a local state law, plus the governing documents under which the association operates the property. Read your governing documents and follow the guidelines there to collect the past-due assessments.
Can you file for bankruptcy after the condo assn files for past due assessment fees?
Of course you can. In most states, condo fees become liens on the condo, so a secured debt. You would have to file a C. 13 and plan to pay off the arrears as a secured debt.
What fees does the seller pay on condo sale?
There is no standard, plus all fees are negotiable. The real estate agent involved in your transaction can explain fees to you.
What fees are paid each month?
Monthly fees are paid each month.
Does a lien from condo assoc go away once fee's are paid?
In order for the lien to be removed from your title, the association must file a release of the lien, and would do so once your assessments are paid, together with any fees and expenses related to their collection efforts.
If your home is in foreclosure status can a lien be placed for a unsecured debt?
YES. Condo Fees
