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Category:
Important Resources
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Condominium Management Regulatory Authority of Ontario - Proposed Fees for Public Comment
Author:
CMRAO
Publication date:
November 18, 2022
Article Summary:
The blog post discusses the challenges in managing a condominium corporation’s finances and the role of the board of directors in ensuring financial responsibility. The article highlights the importance of financial planning, budgeting, and investing in long-term reserves for unexpected expenses. It also stresses the need for transparent and accurate financial reporting to the owners, the board, and auditors.
Keywords:
Condominium Corporation, Board of Directors, Financial Planning, Budgeting, Long-term Reserves, Financial Reporting, Auditors.
Source Citation:
CMRAO
Condominium Management Regulatory Authority of Ontario - Proposed Fees for Public Comment
November 18, 2022
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