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Board Decisions to Avoid

Author: 
Toronto Condo News
Publication date:
September 24, 2021
Article Summary: 

Making decisions as a condo board can be challenging, especially when the right choice is not clear. However, there are three types of decisions that should be avoided to prevent disaster and unnecessary expenses. First, deferring maintenance to keep fees low is never a good idea as it leads to larger future expenses and potential problems. Second, inconsistency in decision-making arises when new directors lack education on active projects, budget matters, plans, and goals. Third, the inability to make a decision is the worst possible outcome, leading to delayed or avoided decisions that result in frustrated vendors, increasing prices, and growing problems.

Keywords: 

condo board decisions, maintenance deferral, inconsistency, no decision, delayed decisions, unnecessary expenses, frustration, increasing prices.



Source Citation: 
Toronto Condo News
Board Decisions to Avoid
September 24, 2021
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