Fees, fees and more fees

Mourning

Buying a condo? Then you should be extra careful about what the monthly fees will be.

Generally, the status certificate will show what the current fees are. It will also state whether the condo board anticipates any special assessments in the near future. Most realtors will ensure that your lawyer has a chance to review the status certificate before either the conditional period ends, or the title search date, so that you can be sure that you know what will be happening while there is still a chance to change things if you want.

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