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If you are considering buying a condominium, it may be one of your largest financial investments so please make sure you research before signing on the dotted line
Global News Condo City no shortage on construction. There are concerns relating to Condo Fraud but this is not the first time. The problems surface once maintenance fees seem out of line with the values of the condominiums as well. The problem is that Condo Owners cannot prove any wrong doing because many times they are unable to obtain financial information from the Property Management office because the Board of Directors have advised Property Management not to provide it to owners. Condo Owners must realize that this is the first sign that there may be some problems with the operations of their condominium buildings. It is important for all Condo Owners to register with the Condo Owners Association.
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