The Atelier Showflat

Information may not be reliable

If the board employs a manager to oversee the day-to-day operations of the condo, how approachable and professional is s/he? Do other residents speak well of the manager's attitude and handling of the condo's affairs? One or two disgruntled people out of ten may not be cause for alarm, but if most of the people you speak to are disgruntled about the manager's conduct, you may well have reason to reconsider having to deal with them on a day-to-day basis.

Another aspect of the condo board The Atelier Showflat is the operating budget and reserve. The operating budget covers things like lawn maintenance, pool care, etc. The reserve is for repair and replacement of things as they inevitably wear out or break. A condo's reserve and operating budget should be flexible to meet rising costs and emergency issues. A condo that cuts reserve money and amenities to keep dues low may be a cheaper option, but the costs of replacing a roof with no adequate budget for it may require a large assessment from each condo owner. It's wise to avoid saving money now only having to pay an unexpected levy.