Is your condo’s budget being handled properly? Is there a discussion process? Does your condo manager have a clear vision of what your board wants for the condominium?
A proper budget process is critical to avoid special assessments or levies and have a financially healthy condominium.
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1. Non-competitive Projects Bids
For new projects, are your condominium managers bringing you at least one quote from someone they haven’t worked with before? Are the companies they are getting quotes from appropriate for the size of the job, your condo or their company?
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