Obligation to contribute financially

One of the common issues that one faces when they start living or owning property in a strata community is the obligation to contribute financially. Contribute to the maintenance of the community. There are times that owners stop providing contributions or giving their contributions because they have issues with the maintenance being dealt with. Unfortunately, that isn't the solution because those who bought into a property with a strata community actually have a legal obligation to contribute.

But it's not just about obligation. Keep in mind that because your strata community is maintaining your shared property, your private property value is maintained, and there's a high likelihood of it increasing but not providing or not giving your contribution because you have a concern, that's not the solution. If you have a concern with the way the ...