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Finance manager does not want board member to approve condo bills


Question:

We have a new board member who has been elected treasurer. Our financial management company had allowed our previous treasurer access as second approved of invoices because previously management company was paying invoices late creating late fees etc. Now our new treasurer has had several questions about delinquent accounts and following our collection policy and questioning expenditures in certain categories on financial reports ie; unit maintenance that we cannot determine what expense was for. Now company does not want to give her second approver capabilities and says she cannot be on the board because only her husband is on their property deed as owner. Has anyone ever heard of such? We have reviewed our documents which state owner or resident but just wondered since they are married is it required they both must be on property deed? Also found it strange that financial management company went to to trouble to check this owner’s deed.  Augusta Georgia


Answers (14)

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