What are the most effective property administration software program options? B. Any determination of whether assessments exceed a hundred and fifteen percent of assessments for the prior fiscal 12 months shall exclude any licensed provision for reasonable reserves for restore or alternative of the condominium property, anticipated expenses of the affiliation which the board does not expect to be incurred on a regular or annual basis, or assessments for betterments to the condominium property.
On acquisition, unless the decree provides in any other case, the condemned unit’s complete allotted interests are mechanically reallocated to the remaining units in proportion to … Read More...