Thread: Owner's update
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Old Thursday, December 5th, 2013, 01:55 PM
roscoe roscoe is offline
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Join Date: December 2nd, 2013
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Default Re: Owner's update

Ask management how come owners weren't provided with detailed expenses of the renovation. After all, Parimal Trivedi calls owners
" partners" in his letter about the assessment.

There is also no explanation of where the money from the reserve fund went. I understand that approximately 25% of the maintenance fees are designated for reserve. Management was recently sent a request for this information by a group of over 100 owners and so far no response a week later.

What I don't understand is how some owners are so willing to just hand over their money without asking management to be accountable for the funds.
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