condo association

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

condo association

My condo association is planning on repairs to common areas, the total cost is $6000 plus for each unit. They claim if voted on each unit has to pay the cost up front or through a loan set up by the association, which will be $150 a month for 5 years tacked on to the $120 for condo fees. The company that has done the projects forclosed so we are now responsible for all repairs for the old buildings. Can they force to pay this if it voted on? If we can’t afford it can they foreclose on the property? How much are they legally allowed to raise condo fees in any given time?

Asked on June 29, 2009 under Real Estate Law, Wisconsin

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

These are questions that require you to sit down with an attorney to review the material -- the condo bylaws, the documents from the repairs, the voting docs, etc.   Raising condo rates is usually based on the provisions within the bylaws that allow it but must be within the law, as well.

Try www.attorneypages.com and check his or her record at the Wisconsin State Bar.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption