The SM for our complex has a per unit rate for each of Management Fees Accounting sevices Banking management Disbursements online portal fees Trades compliance
I don’t understand – so if, for example, the Accounting fees are $100 and there are 10 units- each owner gets a bill for $10.
Is this much different to paying $100 as an Administrative fee? I mean owners can still calculate the final fee? What is the advantage of having per unit rate? In fact this per unit rate would magnify the rather meaningless headline rate which contracts are usually “sold” on.