Are there restrictions on how much I can increase my condo association dues?
Yes, there are restrictions on how much a condo association can increase their dues in Kansas. According to Kansas condo law, a condo association cannot increase the monthly fee by more than 10 percent in a given year. If the condo board decides to increase the fee, they must provide written notice to all members of the condo association no less than 30 days before the fee is due. The notice must include the amount of increase and the reason for the increase. In addition, Kansas condo law requires that the board hold a meeting within 30 days of the notice of increase to allow members of the condo association an opportunity to discuss the proposed increase. During this meeting, members of the condo association may express their opinion or concerns about the proposed increase. After listening to the discussion, the board may decide to reduce the amount of the fee increase or keep it as is. It is important to note that if a condo association wishes to increase the fee by more than 10 percent, they must obtain a majority approval from the members of the condo association. This means that at least 51 percent of the condo association must agree with the increase before it can be implemented. In conclusion, condo association dues in Kansas cannot be increased by more than 10 percent in a given year. However, if the board wants to increase fees by more than 10 percent, they must obtain a majority approval from the members of the condo association.
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