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recycled sixtie recycled sixtie is offline
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Join Date: Oct 2011
Location: Edmonton Canada
Posts: 5,963
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Interesting topic. There are management companies and there are management companies. You can pick and choose your management co and you can give notice to your present one if you are not happy with it. When I was on the board we gave notice to the existing management co because they would not let us handle our money.

We found a new management co that they let us sign cheques and receive checks and deposit them. 2 board members had to sign for checks and there was no chance of misappropriation of funds. The original man co was a huge listed corporation but the complaints against them were huge. Extricating ourselves out of that contract needed the help of our condo lawyer.

A management co to be successful must be firm but fair. If you need a condo lawyer then so be it as it is worth it. A personable person representing the man co at an AGM helps . There will nearly always be rebel rousers at the meetings though.
Old 08-16-2018, 09:26 AM
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