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Condo association tells non-US citizens they cant look at finances


Question:

My condo is in a three unit development.  One unit in foreclosure thus reduced funds being paid in to maintain the condos.  The lady who has run the books for the condo for 9 years wants to have the books taken over by a Management Company at a cost of $2,100 a year !  We are only two units with a greatly reduced income since the 3rd unit went into foreclosure and to have to pay $2,100 between two of us seems ridiculous.  We have volunteered to look after the books (both of us have finance backgrounds), but only after 68 days of asking to tackle over the books and 4 chasers to our emails, the lady who controls the books says we cannot control the books as we are not US Citizens (we are from the UK) We have a 2nd home in Orlando and on the board of directors of the HOA are two UK citizens !!! Any info please if we are barred from running the books of our three unit condo as we are not US citizens Many thanks David


Answers (7)

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