The president of my community is the developer. They have never paid a euro in community fees or held any owners meetings.
The developer is now sending out notices to the owners, via 'his' administrator, stating that they owe large sums of money.
Some of the money owed is identifiable as genunine community fees, but additional sums are owed dating from the last few weeks that none of us are aware of.
How can this be?
Has the developer passed his debt back onto the owners?
I am sure, according to the horizontal property act, that any changes to community fees have to be approved by the owners committee! Even then only full paid up owners can vote for it.
Is it legal for the developer/administrator to 'cook the books' like this?