My Musing Space: December 2013

My Musing Space

Tuesday, December 03, 2013

Locked out of your condo for arrears?

In reference to the National Post article that was responding to a situation in which a condo owner was locked out of his apartmant for missing a month's payment of condo fees, noone seemed to recognize the fact that for that lockout period (a week?) the condo corporation technically took ownership of the apartment.  This fact makes the condo corporation responsible for the appropriate portion of that month's mortgage payment on that apartment, which then allows the owner to claim that amount against the outstanding fee owed. Lawyers should have a ball straightening this out.  :)