Condo Q&A
Our condo association has over $600K sitting in reserves
Written by
stephen polinsky
| Thu, Feb 20, 2014 @ 02:04 PM
Our condominium association in Georgia has over $600,000 in reserve funds. Is there an amount of money that is normally kept in reserves? Also, if there is too much in the reserves can some of the money be refunded to the homeowners?
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