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Sep 12, 2019

Preventing Mismanaged Finances

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

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