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? • Does a board should be informed about large transfers of money from one account to another? • What
online to review this program. There is no way that this money will be available for very long
had to subpoena information from past directors. If you dont want to spend that kind of money your
had to subpoena information from past directors. If you dont want to spend that kind of money your
You should check if your building has the reserves and operating funds the spend money on legal
enough money in your reserves to cover emergencies like replacing a boiler if it's reaching it's life
we could be collecting money and dissuade this from happening.
in the building." Although that's what was written in the original post, the money is not for allowing access, nor
risk to the building staff, nor did I know that it had the potential to cost the building money. Long
' the bills does not mean that you sit back and don't do anything. It's your building and your money

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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