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Condo Boards and Special Assessments
Author:
Jeff Struewing, Shore To Slope Management Services Inc.
Publication date:
October 31, 2022
Article Summary:
Discussing condominium boards and special assessments. The article explores the role of condo boards in implementing special assessments, which are additional fees charged to owners for specific purposes, such as major repairs or unexpected expenses. It examines the factors that lead to special assessments, the board's responsibility in communicating and justifying them to owners, and the importance of transparent decision-making. The article aims to provide insights into the process and considerations related to special assessments within condominium communities.
Keywords:
CCI Huronia, Article, Condo boards, Special assessments, Additional fees, Major repairs, Unexpected expenses, Board responsibilities, Communication, Transparent decision-making, Condominium communities.
Source Citation:
Jeff Struewing, Shore To Slope Management Services Inc.
Condo Boards and Special Assessments
October 31, 2022
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