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All posts tagged common area fees

Final Reminder — Increase Effective Today

Liberty Commons Condominium Trust’s Common Area Fees increased effective December 1, 2017. Multiple notices have been sent to notify and remind Unit Owners. If Unit Owners did not pay the correct amount due, then a payment should be made today, December 1, 2017, to get to a $0 balance. Payments Read More...

Understanding Common Area Fees

As part of an ongoing educational series, we’re presenting this information on Common Area Fees (aka Condo Fees) to assist Unit Owners in better understanding Common Area Fees. This is a topic that most Unit Owners don’t seem to fully comprehend, which becomes apparent when there is any discussion on Read More...

Fees Shouldn’t Keep Going Up

Unfortunately, Common Area Fees (also known as “Condo Fees”), like most expenses, tend to rise on a regular basis. This is based on the inflation of the costs of running the condominium association and the expense of operating the condominium association and funding capital reserve accounts for future major expenses. Common Area Read More...

2107 Budget Released

Liberty Commons’ Board of Trustees have approved the 2017 budget for Liberty Commons Condominium Trust with a 8.13% increase in Common Area Fees. The increase is effective on January 1, 2017. As a reminder, all Common Area Fees are due on the first of each calendar month. Please refer to Article Read More...

Correction For Payment Coupons Mistake

With a new payment processor and in a rush to get the 2016 Payment Coupons out to Unit Owners, a mistake was made. We are all adults and have made mistakes before and we’ll probably make some more in our lifetime. This mistake is easily fixed, by Unit Owners making Read More...