Assessment term of payment

Started by anonymous
about 6 years ago
Discussion about
Hi Everyone, I got a notice from the board of my coop where I am a non resident owner, about an assessment needed for urgent repairs to the building. The board have said that non-resident owners are obliged to pay upfront and in 1 instalment, while resident owners can opt for 3 monthly instalments commencing on the same date as the 1 time upfront payment. Is that legal?