With more people than ever living in condominiums, mismanaged condo boards are becoming ever more prevalent. Is this a symbiotic relationship?
Whether by corruption or incompetence, condo boards that mismanage their multimillion dollar budgets and reserve funds are a recurring problem. Legislation has now been enacted in an effort to rectify some of the problems which, at their core, were permitted by a failure to properly regulate the management and operation of condominium corporations’ board of directors.
read full article here ! Condo-Business-Magazine-Preventing-Mismanaged-Finances-David-Taub
Whether by corruption or incompetence, condo boards that mismanage their multimillion dollar budgets and reserve funds are a recurring problem. Legislation has now been enacted in an effort to rectify some of the problems which, at their core, were permitted by a failure to properly regulate the management and operation of condominium corporations’ board of directors.
read full article here ! Condo-Business-Magazine-Preventing-Mismanaged-Finances-David-Taub