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Raiding The Honey Pot

Author: 
Toronto Condo News
Publication date:
November 24, 2020
Article Summary: 

This blog post discusses the issue of board directors using condominium reserve funds for projects that are not necessary, and how such actions can lead to conflicts of interest and potential legal issues. The article recommends that reserve funds should only be used for essential and approved projects and that proper financial oversight and transparency should be maintained.

Keywords: 

condominiums, board of directors, reserve funds, financial oversight, transparency, legal issues, conflicts of interest.

Source Citation: 
Toronto Condo News
Raiding The Honey Pot
November 24, 2020
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