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Can Condos Reimburse Budgetary Surpluses to Owners? (ON)

/ Owner - August 22, 2019

Condo corporations are not-for-profit organizations. Technically, they are not supposed to make a profit. Having said that, they are not charitable organizations either. When faced with a deficit, condo corporations must collect more from owners to get ends to meet. But what are they to do with a surplus? This is what this post will cover.    Read the article…………………………

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