Long story short, the Administration and Council of my apartment complex continue to raise the monthly association fee to the point that I can no longer find any buyers for my apartment. I am in the process of trying to sale the property and the real estate agents told me that the current level at $RD9,000 is already too high. I didn't dare tell them that there are plans to raise it up to $RD11,000 making it virtually impossible to find a buyer and possibly devaluing the price of the apartment itself.
I wonder if there is some legal recourse that can be taken, if the monthly condo fee is raised to the point that it financially impairs the owners of the properties.
Please advise, if possible. God's speed.
I wonder if there is some legal recourse that can be taken, if the monthly condo fee is raised to the point that it financially impairs the owners of the properties.
Please advise, if possible. God's speed.