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Your treasurer or property manager is best equipped to interpret the acronyms used in your condominium assessment budget.
There are no standards, so individual properties make up their individual expense line items.
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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 are no fee apartments?
No Fee apartments are units for which you do not have to pay fees. In most cases those fees are brokerage fees. Owners can offer no fees directly to the public, or may pay the brokerage fee themselves. Understand that this can mean that the landlord has increased his price to offset the commission he pays. So you may end up paying more than if you had to pay a fee. Second, while a condo or coop can say no fee, there can be many fees like condo application fees, or move in fees that can add up to thousands in some cases. Courtesy of Think Properties NYC
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.
If your home is in foreclosure status can a lien be placed for a unsecured debt?
YES. Condo Fees
What are the condo fees for 6201 Garden Rd Condos?
The board or the association manager can answer your question.
Are condo fees tax deductible?
Not usually. Your monthly assessments -- fees, you write -- pay to operate the community and save money for major repairs.
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Can you claim condo fees you have not paid?
Probably not. Just as you can't claim ownership of property to which you have no title.
What does CDD mean On an honorable discharge?
Certificates of Disability Discharge....used in WWII...you will see it on Discharge Papers as Honorable CDD..... usually, the soldier/sailor would have qualified for some level of VA disability pay with a CDD. No guarantee the pay would last for life...some just for a few years after the war.
Can creditors charge late fees on a deceased person's estate when there is no spouse For example late condo association fees late mortgage payments etc.?
Yes.
Can you quickclaim a deed if you owe assessment fees to the homeowners asociation?
The outstanding fees will show up at the closing. Obtaining a certificate that there are no fees due is an automatic part of a closing on a condo unit or a property subject to any association fees.
