Written by Shlomo Sharon | 21 November 2015 Condo Business Consider this scenario: At the first meeting of a newly elected condo board, the property manager advises the board members that they need to appoint a lawyer to represent and direct the corporation on any...
So the board wants to change management companies. The first question to answer is: Why? What is it that the corporation isn’t getting from the current management company? What would the board like to see from the new management company? Once a board has established...
Setting a condominium corporation's budget, which will ultimately dictate the monthly fees each unit owner is required to pay, is by no means a simple task. The previous year's actual operating results serve as a good benchmark for the upcoming fiscal year's budget....
