Making financial decisions as a condo director are the toughest part of the job. When the decision results in a special assessment following these five principles will help condo board directors come to the right decision. 1. Carefully review the need for a special...
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Condo corporation facing a special assessment?
Making decisions as a condo director is part of the job. Financial decisions, especially those involving special assessments or fee increases, are tough. Making tough decisions about money will never be easy, but making the right tough decisions gets easier if...
Keep Track of the Money: Finance and Condos
Finance and condos is a top-of-mind topic for every condo. Keeping track of the condo's money is hard to manage without good policies and procedures. This blog fills the gap on establishing good financial practices for the board of directors. Conduct a Monthly...