Which of the Following Statements Is FALSE? When Purchasing a Condominium

Multiple Choice

Which of the following statements is FALSE? When purchasing a condominium a buyer should make sure they are aware of

A) the by-laws the condominium board has passed
B) the right of the condominium board to fine owners for certain behaviours
C) the contingency fund that the condominium board has set up for repairs
D) the number of other owners of condos who have very large mortgages on their units
E) the monthly maintenance fees and possible changes to the fees proposed for the future