Condo Q&A

Does soon to be bankrupt owner need to pay condo fees?

Written by stephen polinsky | Mon, Dec 27, 2010 @ 08:09 PM

I own one of a Vermont two unit condominium, self-managed. Up until last year my neighbor paid his share of the fire insurance and driveway but this year I have had to foot the bill for his half of insurance and driveway. His lawyer is telling me because he doesn't know if he's staying there because of possible foreclosure that he doesn't have to pay until it is all settled? Is this true?