Every condominium complex operates a little differently becauseof the distinctive nature of the building, the people who own unitsand the people who serve the owners association.
Still, every condominium has to be managed properly. Managementmust take care of the living environment on an ongoing basis.
The property must be maintained at a livable level and to thepoint where the property will not depreciate.
Services such as insurance, refuse pick-up, utilities andamenities upkeep must be procured.
There are numerous financial considerations. The most prominentis the collection of owner assessments to meet running …
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