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………..
In our first blog post on modifications (here), we discussed changes to the property, assets and services of a condominium
The ultimate recourse when condo owners are dissatisfied with the board its decisions is to requisition an owners meeting
When purchasing a condominium in Thailand, buyers are required to pay an annual common area maintenance fee which is used