April 14, 2024 1:31 pm
Can the cost of administration be lowered by eliminating house meetings?

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In terms of property management costs, a housing law expert from the Chamber of Labor, Walter Rosifka, explains that if a property manager fails to call an annual meeting as required by law, homeowners’ associations have the right to demand a reduction in the fee agreed upon with the administrator. However, it may not always be considered a “gross” breach of duty if no meetings have been called for almost five years due to disruptions like the Corona pandemic.

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