In the condo I owned? Yes, I became quite familiar with how the money was spent, and most of it was in principle logical for the building it was in, and the boa

In the condo I owned? Yes, I became quite familiar with how the money was spent, and most of it was in principle logical for the building it was in, and the board wasn't doing anything unethical or anything like that. It was, unfortunately, just a very bad situation for the building, which was aging poorly from its origins as a low unit count high value building with a lot of expensive amenities, windows that couldn't handle changing climate, a parkade that needed deep structural work, having been built when asbestos was in vogue, and a population that was once wealthy but was now largely on fixed incomes and declining property value. No one did anything wrong (except maybe a few attempts to fix the parkade in overly optimistic and superficial ways that required re-fixing at more expense later), it just wasn't worth condo fees ballooning well past my mortgage payments and it ended up costing well hundreds of $k to sell and doing so was one of the most stressful times of my life. None of that means "condos are always bad". Just this one was a mistake. If you mean what I said about HOA vs condo fees, I've only ever seen HOA used for detached homes or townhouses, where the common concerns are a lot less critical than in an apartment building (and so, from what I know, tend to be more frivolous). But maybe it's used differently elsewhere.