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COMMON CHALLENGES THAT CONDOMINIUM BOARDS FACE
Author:
CondoGenie
Publication date:
Article Summary:
The article explores the common difficulties faced by condo boards. It acknowledges that being a member of a condo board can be challenging due to disagreements with owners, management problems, reserve funding issues, budget shortcomings, and communication challenges with residents. The article suggests solutions such as maintaining open communication with the property manager, monitoring reserve funding, cutting back on unnecessary expenses, and prioritizing effective communication with residents. It also offers a free book as a resource for condo board members.
Keywords:
Condominium boards, challenges, condo owners, management problems, property manager, industry practices, outputs, safe side, duty performance, hiring alternatives, reserve funding, maintenance costs,
Source Citation:
CondoGenie
COMMON CHALLENGES THAT CONDOMINIUM BOARDS FACE
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