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MA condo association required to have CPA review, but starting in which year?


Question:

cpa-reivewAccording to the MA Chapter #183A, once we reach 50 units (which we did in April 2014) the board is required to have an annual review done by a CPA.

What year should the review be done on? The past year 2014, or the current year 2015? And, is it done at the end of the that year or any point in time of that year?


Answers (5)

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