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CONDO EXTRA FEE LEGAL OR ILLEGAL?

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1 CONDO EXTRA FEE LEGAL OR ILLEGAL? on Tue Oct 04, 2011 10:35 am

Anonymous_girl


Arresto Menor
Hello attorney,

I just want to ask advice again. We bought a condo and they told us our turn over date is July 2011. But we waited until end of September before the unit was turned over. The point is we are already paying our loans in the bank since we thought by July the unit will be turned over to us. So absolutely we are paying already that we haven't used our unit yet. Last September 30, upon the orientation they said we have to pay 6Months advance for the monthly dues. Now, they were asking again for 50 thousand for the bond of construction because we have our own contractors. They said, they will return the 50 thousand once there is no damages. But they need to deduct 5% for the admin. Attorney, I don't know if this is legal but it is so unfair because why do they need to deduct 5% on our money if there is no damages. Attorney, I just really felt so unfair about this as we are paying a lot of money on them.Please advice.

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