Photo by PoPville flickr user Néstor Sánchez Cordero
I find myself in the unenviable position of having to rent out my condo because it’s under water and I can’t afford to sell it. My condo board is attempting to charge me 125% of my regular condo fees because I’m renting it out (in addition to a $250 move-in fee and a $200 annual leasing fee). It seems to me that this “special assessment” is discriminatory as it is singling me out to pay additional fees for common elements.
I can at least follow the theoretical logic of the move-in and leasing fees, as they are related to some theoretical expense that I am causing the association, but I can see no expense related to simply adding $120 a month to my condo fees because I’m renting my place out. Further, 25% of my condo fees is not 25% of a smaller unit’s condo fees so they are not applying the absolute fee uniformly. I think the policy is discriminatory – asking me to pay more than my fair share of the common building costs. I’d love to hear what PoPville thinks of this.
Anyone else renting a condo unit face a similar situation?