Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Yes, it does. As an attorney with experience in the matter, though, the scale of the expense can be outrageous if the COA wasn’t properly funding a reserve account, far greater than typical home surprise expenses. Worse yet if you have a few units in the condo that are bank-owned in a state that basically gives banks a free pass from dues on foreclosed/REO condo properties (Florida, looking at you).
Yes, it does. As an attorney with experience in the matter, though, the scale of the expense can be outrageous if the COA wasn’t properly funding a reserve account, far greater than typical home surprise expenses. Worse yet if you have a few units in the condo that are bank-owned in a state that basically gives banks a free pass from dues on foreclosed/REO condo properties (Florida, looking at you).