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Is HOA president financially irresponsible with association money?

| Florida |   Budgets & Finance |  


Question:

Our HOA president didn't get 3 contract bids for our lawn maintenance, which is in our condo docs.  The rest of the board goes along with it.  Also $18,000 was taken out of our statutory painting reserve which was originally voted on by our members and put into a contingent reserve by the board. Our buildings are in need of paint has been 25 year without.  FL


Answers (6)

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