In May, Channel 9 shared how one Orange County Condo board planned to pass a more than $22,000 special assessment. The former Regency Gardens condo board said the special assessment fee was needed because the new state law required Regency Gardens to make up nearly a $17 million gap in reserve funding. After Regency Gardens condo owners were notified about the special assessment plans, some owners sold their units, and others decided to band together to oust the condo board. Read the article…………………………….
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