Where could management corporations borrow monies from?
President of Community Association Institute, Vishnu Sharma in his opening address at the IRECMS- Dubai/World Realty Congress, shared that more than 50% of the home owners associations in the US have no reserve for capital expenditures for their estates. Fortunately, the banks in the US are willing to lend funds to home owner associations for Read more about Where could management corporations borrow monies from?[…]