Monday, December 24, 2007

The Uncertain Future of Community Associations

Community Associations, especially condominium complexes, are in financial trouble. Most don't know it. Unfortunately, many find out after its too late to solve the problem. Underestimated repairs and rehabilitation costs, and years of inadequate budgeting for them, have exposed many of these projects to massive underfunding from which they may not recover. An explanation of the problem, and some suggestions for solving it, are discussed in the treatise: "The Uncertain Future of Community Associations" which can be read and downloaded from the "Publications Download" section in the column on the left or by simply by clicking on the cover of the publication above.

Please read it and if you agree, discuss it with your fellow owners and board members. You are welcome to print as many copies as you need.  Every condominium owner and board member should have a copy.  It could be the most important information your community association every gets...


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