TIME FOR CONDO CHANGES

Go to http://www.ccfj.net/CCFJCVECONReport.htm

SUMMARY REPORT, FIRST NATIONAL HOA + CONDO CONFERENCE
High powered group talks about:
‘conflicts are common because associations have the power to make rules (like a legislature), enforce rules (like an executive), and resolve disputes over rules (like a judge) -- all through a board of volunteer directors, who may vary substantially in their knowledge, experience, and sometimes intent. In the absence of a separation of powers, homeowners lack vital checks and balances.’ …
+‘necessary changes to protect owners against financial mismanagement, uncontrolled spending and even clear embezzlement!’
+’ existing procedures create an environment conducive and vulnerable to election fraud’
+Dr. Rizzo talked about the fact that mismanagement of the associations and abuse of the unit owners by the directors are the most common problems in condominiums.
Lots of good references and proposed laws. I wonder how many of UCO were there.