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View Full Version : Bylaw regarding late maintenance fee payament


BlackKnight
24-12-12, 09:06
In most condos, residents would pass a bylaw yearly which levies hefty interest rates on those who default payment.

What are some of the interest rates levied in your condo, and how are they enforced?

Please also share your views.
radha08
24-12-12, 09:32
my x condo was 12% PA...:scared-4:
zzz1
24-12-12, 11:53
some condo also put up notice on the notice board on those units otang the payment..
acidic.straw
24-12-12, 14:13
some condo also put up notice on the notice board on those units otang the payment..

Most MC tries to avoid doing this as it creates an unpleasant atmosphere in the estate. I suppose it was done for those who dont want to pay maintenance for no good reason.:confused:
CondoInterested
24-12-12, 15:06
If the condo car entrance is by IU, best is to have the entrance of car programmable, those don't pay cannot come in.
hopeful
24-12-12, 15:13
If the condo car entrance is by IU, best is to have the entrance of car programmable, those don't pay cannot come in.

"i cannot come in, you also cannot come in"
http://motoring.asiaone.com/print/Motoring/News/Story/A1Story20101129-249798.html
BlackKnight
25-12-12, 23:34
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