Our condo regime fees are based on the square footage of our individual units. And there's only 24 condo units. Our budget reflected an increase of 25.99%. The management company said it was only 5% and they would send me their figures. Now I find out the 5% increase is per unit!! This doesn't make any sense to me. Our by-laws state up to 10% without a vote but I believe that should be on the total budget amount not each unit. I think the management co. is wrong. My first condo so I would like to know is this way standard?
