Transparency in operations is key for condominium associations to build trust and ensure accountability amongst community management. Did you know that an association’s financial health and management of association finances is often a deciding factor for potential condo owners to buy or shy away from buying? Potential owners will want to know if the association is open to sharing financial information with them. Are annual fees utilized appropriately? Are assessment charges reasonable? Making your residents fully aware of the association’s expense management and financial health is essential. Read the article………….
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