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Working Compensation Contribution for Condo

Started by 13downtown13
almost 18 years ago
Posts: 10
Member since: May 2008
Discussion about
I closed on a new apartment since February (it was a resale and not from the sponsor)and the board informed couple weeks ago that I have to pay a working capital contribution in the amount of two months common charges. They claim that the amount was due at the time of closing but was not charged back then because of a mistake .Any advice from the experts ?
Response by mogul
almost 18 years ago
Posts: 15
Member since: Dec 2007

These are typical fees for Condos. But it should have been paid at closing. Talk to your lawyer.

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