Question:
Our condo association is looking to hire a management company however the president (who's been running the association for the past 4 years) would like for the management company to "forgive" all owners that have an outstanding balance and start fresh from the day they take over.
It seems that for the duties performed as president he was granted either a "discount" on his assessments or no assessments at all.
Can the management company accept the engagement with this condition?
Answers (11)
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