Part of a board member’s fiduciary obligation is to protect the assets of the association. In addition to money in the bank, these community assets may include tennis courts, golf courses, pools, tot lots, utility rooms or other recreational areas within the association. Often these assets are valued in the millions of dollars.    Read the article…………

Editor

Recent Posts

“It’s shameful:” Condo board asks residents to pay more than $20,000 in special assessment fees

Owners at the Regency Gardens Condominiums got notices saying their board plans to pass a…

4 hours ago

Two Rivers Services to Help Private Condo Group (WI)

Buckley says the condo association was developed with private infrastructure and the maintenance of roadways…

7 hours ago

Australia Op/Ed: There’s more trouble coming for apartment owners. Here’s why

The Netstrata insurance scandal rocked the strata management industry in NSW but that’s just the…

7 hours ago