Transcription of MAINTENANCE AND REPAIRS - FCAP
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MAINTENANCE AND REPAIRS - FCAP
MAINTENANCE AND REPAIRS : This is a primary duty of the board. It i nvolves inspections, reports, evaluations, and review of solutions. The board needs a proper budget with funds to maintain the common areas. When a board fails to maintain the common areas, property values drop and the board can be guilty of a breach of their fiduciary duties. 66. Our condo board imposed a special assessment in order to repair , replace and remove certain landscaping. The work has not started and the dead landscape is an eyesore.
MAINTENANCE AND REPAIRS: This is a primary duty of the board. I t involves inspections, reports, evaluations, and review of solutions. The board needs a proper budget with funds to maintain the common areas.
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