Farang two dot zero Posted August 17, 2022 Share Posted August 17, 2022 I am in a condominium and our juristic office has set up during a committee a collection insurance money for the building outside the annual meeting and common fee. They mention that for 4 or 5 years this had not been put in place either by them or by the previous legal person, is this legal? Link to comment Share on other sites More sharing options...
scubascuba3 Posted August 17, 2022 Share Posted August 17, 2022 Usually yearly maintenance fee covers all this, anything over that, usually a supplementary fee is approved at the AGM Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted August 17, 2022 Share Posted August 17, 2022 I am aware of two different developments in which the condo juristic person collected the insurance premium for the building and common areas separately from the annual maintenance fee. Link to comment Share on other sites More sharing options...
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