Financial Matters

March, 16 2021 Published by Golden Horseshoe Chapter

Money! That’s What We Want - CondoTalk

Deep dive on expense and cost recovery tips for Condo Corporations.


 

  • What is the "best practice" for paper trail management when trying to collect enforcement charges from an owner? 
  • Won't putting a lien on the unit fix the problem and get the Condo money they are owed? 
  • Where can Chargebacks be challenged?
  • What can you charge back to owners?  (Did you know not everything can be charged back?)
  • When does a Condo Corporation process a charge back?
  • What are Statutory Chargebacks?
  • How does a Condo Corporation charge back insurance claims?
  • Does your Condo Corporation Declaration Indemnification clause cover chargebacks?

Answers to these Cost Recovery questions and more will be covered at this CondoTalk! 


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