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Our condo association has finally collected approxitmately $1,000 from developer which is the net of unpaid assessments on his units minus his 'out of pocket' expenses to our building, all from previous years. How do we count this money? Does it go into our regular operating account or do we put it into our Reserves fund? He is current on his units to-date.
Tags: Developer Transitions
posted @ Friday, May 06, 2011 9:48 AM by mary
posted @ Friday, May 06, 2011 12:08 PM by Condo Bob
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