Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Monday, December 30, 2013

Controlling the language

Controlling the language


This may be a small issue but it is a part of the foundation many developers/builders manipulate and mislead.


Board - Corporation - Association

These three words are used by not only Unit Owners but developers/builders and management interchangeably or in place of the proper word(s).  Please question everything you think you know and what is said or written by others.  Search and find true meaning.

I had just heard the term "association dues" used by someone talking about another condominium.  What they were referring to were dues to be paid to the condominium corporation not an association.  Every condominium must have a condominium corporation formed.  That corporation would have a Board of Directors.  The Board would then as is usual have a management set up or hire a management agency.

An association would be the homeowner's association formed and registered with the HLURB.

In Eastwood, I have even seen a building which is seldom referred to by its legal name by Unit Owners.  Its legal name has the word association as a part of it.  But that is just a name not its legal status which is a condominium corporation.

A condominium corporation has as its members the Unit Owners.  Unit Owners who are legal members of the condominium corporation are supposed to have rights such as voting for a Board of Directors.  Well, need I write about this joke and the struggle to accomplish this right?

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