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Property manager won't show condo association financial statements


Question:

I am on a Florida condo board of directors. I had not received the minutes for the last three meetings. I requested them at our last meeting and property management said call to remind him and he would be glad to send them. I requested it be sent via email. I also requested a copy of the actual cash-balance sheets for October and November. I was sent the three 1-page meeting minutes and two 1-page accrual basis reports, not the actual cash-balance sheets. I know accrual is normal for Florida condo accounting but I want to know exactly where we stand because the property manager comes to every meeting with all these figures he quotes to us with no proof of anything. 1) Am I being unreasonable requesting actual cash balance sheets? For these five pages I was also sent a bill for $8.80. This seems excessive especially since I am a board member. 2)Is there a law that pertains to the amount of customary charge for these items? Your answers will be very much appreciated.


Answers (19)

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