Funding Community Association Repairs and Renovations
Association board members who previously might have avoided increasing monthly assessments and implementing large special assessments are now looking to evaluate and address the inevitable deterioration of their buildings.
September 20, 2021 at 09:39 AM
4 minute read
Real EstateAfter the horrific tragedy of the collapse in Surfside, the funding of long-term condominium maintenance, repair and replacement projects has become a major focus at many communities across the country. Association board members who previously might have avoided increasing monthly assessments and implementing large special assessments are now looking to evaluate and address the inevitable deterioration of their buildings.
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