Identifying the best vendors and striking the finest possible agreements for all of the services that community associations need are among the most consequential aspects of board service. For every vendor that is identified, vetted and selected, associations and their board members should avoid relying on informal verbal agreements, or even using the vendor’s proposal as the agreement, as such tactics can and often do lead to disputes or do not provide adequate safeguards for the association. Read the article…………………………….
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