How Is a Dues Increase Made? Is There a Legal Cap?
Is there an upper limit when raising dues, and can the manager increase them alone? Dues increases often spark debate. We explain how a dues increase is made from a practical and legal perspective.
From dues tracking to Condominium Law, resident communication to board decisions — practical articles born from real experience.
Is there an upper limit when raising dues, and can the manager increase them alone? Dues increases often spark debate. We explain how a dues increase is made from a practical and legal perspective.
The two biggest factors determining dues increases are inflation and minimum wage growth. In buildings dominated by personnel expenses, the minimum wage hike directly reflects on the dues.
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