Condo Column: When a home is not a home
The definition of residence needs to be clearly defined when writing association contracts.
Source: seacoastonline.com
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The definition of residence needs to be clearly defined when writing association contracts.
A bi-weekly column about managing a condominium association.
Every condominium has to have at least two bank accounts. One is for the operating account and the other is a reserve account.
There have been rumblings in Condo World about cryptocurrency, i.e. digital money with no physical presence like coins or bills.
House Bill 1146 proposes to change language in the Condominium Act added in 2016 that gave boards of directors, instead of the owners themselves, the right to set budgets.