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By CondoAssociation.com • December 14, 2020

Condo management fees - what's reasonable?

Sunrise is the manager of our condo. When the condo was established some 30 years ago the management contract included a 5% per year cost escalation clause.  As a result today's management fee amounts to about 70% of the services provided. What is a reasonable management fee for a condo management?

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.
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