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Election Effective Condo Boards

Author: 
Toronto Condo News
Publication date:
March 23, 2022
Article Summary: 

This blog highlights the importance of electing effective condo boards to manage multi-million dollar budgets and reserve funds. It emphasizes that most condo boards are effective but problems can arise when directors lack financial skills. The article suggests that the only effective solution to this problem is for condo owners to become more involved by learning more about how their building operates, asking probing questions, and participating in community meetings and elections. The article also emphasizes that electing conscientious, capable, and qualified individuals as directors is the best way to ensure a well-run and properly managed community.

Keywords: 

condo boards, financial management, community meetings, and elections.

Source Citation: 
Toronto Condo News
Election Effective Condo Boards
March 23, 2022
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