March, 30 2020 Published by CCI National - By Sonja Hodis
Why a Condo Should Not Refund or Provide Relief from Payment of Common Expense Fees during COVID 19 crisis
Over the course of the last few weeks many condo corporations have been asking whether they can defer owner’s common expense fee (CEF) payments or provide any sort of relief to owners who are not able to pay their CEF as a result of the COVID 19 crisis. They have also asked whether they can refund CEF paid if amenities have been closed. The short answer is NO. Why?
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