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DOLLARS AND SENSE

Condominium corporations benefit greatly when board members have financial knowledge and follow common-sense financial management processes. Does your condo board include at least one person with financial experience, who can analyze and clearly communicate the condominium corporation’s current and forecast financial position to other board members and all owners?

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Condo Owners Forum Contributor February 23, 2023

Is Your Condo Counting Special Resolutions Properly? Bill 19: Changes to Voting Procedures

The predominant concern appears to be that the proposed legislative amendments will create confusion, not clarity, and that passing special resolutions will be made much more difficult and costly in terms of imposing additional administrative requirements. Many of these inquiries have also assumed that calculating the result of a special resolution vote is based on the total number of units in a condominium. As I will explain, this is incorrect.

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Phil Rosenzweig November 16, 2022

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