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Condo Bylaws on Borrowing

Author: 
Chris Jaglowitz, Common Ground Condo Law
Publication date:
November 23, 2022
Article Summary: 

Discusses condominium bylaws related to borrowing. The article explores the importance of establishing clear bylaws that govern borrowing by condominium corporations. It examines the types of borrowing scenarios that may arise, such as obtaining loans for major repairs or improvements. The article emphasizes the significance of transparency, due diligence, and legal considerations when creating borrowing bylaws to ensure responsible financial management within condominium communities.

Keywords: 

CCI Huronia, Article, Condo bylaws, Borrowing, Condominium borrowing bylaws, Financial management, Loans for repairs, Transparency, Due diligence, Legal considerations, Responsible borrowing.

Source Citation: 
Chris Jaglowitz, Common Ground Condo Law
Condo Bylaws on Borrowing
November 23, 2022
https://ccihuronia.com/news/view/condo-bylaws-on-borrowing
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