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Search: Posts Made By: snapmorgan
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Forum: Midwest
10-27-2023, 03:02 PM
Replies: 133
Views: 17,518
Posted By snapmorgan

There were 19 condo buildings in the association....

There were 19 condo buildings in the association. They would put 1 new roof on every year that came out of that fund. Oldest roof would never be over 20 years old. It worked well.
Forum: Midwest
10-27-2023, 12:59 PM
Replies: 133
Views: 17,518
Posted By snapmorgan

When I had my condos on KY Lake, the board was...

When I had my condos on KY Lake, the board was required to keep 10% of the yearly budget in a separate account. This was required for any lender to write a mortgage for a condo. I assumed this would...
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