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Old 11-24-2012, 06:26 PM
5,048 posts, read 6,462,368 times
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I agree with the comments on how to deal with it and also thought that you're paying slightly over each month and a quarterly accountant catches it. As with asking your board about it now...I don't know why you didn't get your Disclosure Packet at contract which includes the most up to date financials to review for a few days before considering the contract ratified. Does your state not require this? And did you not review the last few months of meeting minutes which might mention something like assessments? Perhaps you paid all cash and went by owner so no realtors were involved to take care of this, no lender was involved to also ask to look at your packet. And, hey, if all I had was a neighbor way up the street who owned and could know I'd wave down their car if I had to. Does your community not have a neighborhood directory? No community center? With that fee you should have some common fun amenity at which to meet people...tennis, pool, workout room, bridge room or something...and ask what they're dealing with.
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Old 11-24-2012, 06:39 PM
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Make sure you set the money aside. Many likely scenarios will end up with you paying it out.

I would be of the go talk to the manager in person school. You need to get to the bottom of it and the direct approach is often the most effective. If that does not resolve it then go to a board meeting and bring it up.

This can be one of the places where they are taking money from a bank account somewhere even though that account is no longer associated with the condo. It has happened before.
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