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Real Estate
Reply to "I need to raise Common Charges Again - When do I tell People?"
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[quote=Anonymous]I have a relative who was in a similar position as you (treasurer on a condo board with increasing fixed expenses and unfunded reserves) and he... decided to sell his place and move. He didn't want to deal with the years-long increase in expenses and special assessments and ongoing related battles among the owners. OP, what does the rest of the condo board think? It's reasonable for you to present a recommendation to them but the board should collectively own the decision to raise fees.[/quote]
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