A checklist for setting condo budget priorities
Some may think of condo budget review as a yawn fest; however, others may spend hours working out the smallest of details. That’s because a budget is basically a financial plan — not sexy, but extremely important in the condominium industry. Budgeting is so important that the Condominium Act requires all corporations to maintain an operating budget and a capital budget for the repair and replacement of major components. Read the article………..
It’s one of the most common complaints in condos — poor communication from the board or management to owners. Complaints
It is impossible to draft rules that will work forever. The residents change. The community changes. Technology changes. The legal
The situation is usually something like the following: Mr. Jones decides to buy a residential unit in a high-rise from