What Happens if You Don’t Pay Your Condo Fees?
If you purchase a condo in Revere, Lynn, or surrounding areas, you will probably also be responsible for paying condo association/homeowners’ association fees. These fees are mandatory, are set at the discretion of the condo association, and are non-negotiable. Designed to pay for property maintenance and upkeep, as well as repairs and insurance, condo association fees are standard. If a person doesn’t pay their condo association fees, they can be penalized as such. The following considers the rights that condo associations have to recover payments when unit owners are delinquent.