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  Msg # 3148 of 3283 on ZZCA4353, Monday 7-14-24, 8:49  
  From: HEATHER MORRISON  
  To: MCTNGUY  
  Subj: Re: CONDO Owners! A few questions...  
 XPost: hfx.general, nb.general 
 From: tilt2027@eastlink.ca 
  
 "mctnguy"  wrote in message 
 news:1Np4g.67591$VV4.1292523@ursa-nb00s0.nbnet.nb.ca... 
 > How much do you pay for condo fees per month? 
  
 I'll try and answer based on the condo I sold last fall. 
 > 
 > How many units in your condo? 
  
 8 
 > 
 > Do you have patios/decks? 
  
 decks 
  
 > 
 > Does the condo fees go towards lawncare and snow removal? 
  
 Yes 
 > 
 > Does your fees cover everything except the interior? Or are you still 
 > responsible for your own roofs, steps, etc? 
  
 Everything but the interior ..yet covers original fixtures etc. 
 > 
 > Are your condos run by a company or by the owners themselves? 
  
 The owners 
  
 > 
 > Do you find that your condo fee (if it's high) has a negative stigma on 
 > selling your condo? My fee was low -$200 for the area - South End Halifax 
 > ==================================================== 
 > 
 > I am asking because I am vice president of a condo association and we are 
 > having some difficulties with our finances and are looking to raise our 
 > fees.  We currently pay $130/month and I am hearing other condos charge 
 > $200/month. 
 > 
 > Our current fees leave us with only ~$200 each month left over but the age 
 > of the units now means that things are starting to go (roofs, patios, 
 > steps, etc) and this $200 extra is not cutting it. 
 > 
 > Some of our owners are saying they do not want to raise fees because it 
 > will make selling the units harder with higher fees.  Personally I think a 
 > run down condo would be harder to sell. 
  
 I agree with you. Maintaining your investment is more important. 
 > 
 > Any other suggestions would be greatly apprieciated! 
  
 Depending on how many units different laws may apply. I really don't 
 understand why your corp doesn't have a fund for maintaining the units. I 
 thought this was law to some degree not matter how many units. Even if it 
 isn't law it only makes good sense. 
  
 When I sold my unit..it sold without having to go on the market..the people 
 weren't so much interested in the fees but interested in the state of 
 building and the corp finances. 
 > 
 > Thanks for your time! 
 > 
  
 Good Luck! 
  
 toodles 
  
 HeatherM 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

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