Dear Fellow Owners,
Condo management and Kondo management
kondomanagement.sr@195992078.mailchimpapp.com
1. How much has been collected for roof repairs in ETA Sunset Resort from owners?
2. Does this amount include the commercial portion? If so, how much is from the commercial side?
3. What percentage of owners have not paid?
4. Owners need proof of where their money is. Could you please provide bank statements showing where this money is held? This is a critical requirement to ensure transparency and trust among owners.
5. Additionally, could you provide full accounts for all buildings? Monthly reporting of these accounts is mandated, and owners have not received these reports since February, which is a significant concern.
The funds collected must be in a special individual account, ensuring they are secured from other business operations (art. 50 of the Bulgarian Condominium law). Owners are worried that their money might not be properly secured. Transparency in how these funds are managed is essential for maintaining trust and ensuring that the repairs are conducted efficiently and effectively.
Furthermore, regular monthly reports on the revenues and expenditures in the condominium should be prominently and publicly displayed at the building entrance (art. 23 of the Bulgarian Condominium law). This transparency helps in keeping all owners informed and involved in the financial health and management of our shared property.
We believe that providing this information will allow owners to make a well-informed decision regarding the necessary repairs.
I am writing to transmit from the owners an invitation to participate in a mediation procedure regarding the necessary repairs of the Eta building at Sunset Resort. Given your significant role in the development and maintenance of the resort, your involvement in this mediation is crucial to reach a fair and transparent resolution.
The Eta building’s repairs have been a point of contention among the owners due to concerns over the transparency of the contractor selection process, pricing, and quality of work. To address these issues comprehensively, we believe that a structured mediation, facilitated by your respected input, will be highly beneficial.
I deeply value the positive outcomes from the previous mediation and I am confident that your participation will lead to a mutually agreeable solution.
The Eta building’s repairs have been a point of contention among the owners due to concerns over the transparency of the contractor selection process, pricing, and quality of work. To address these issues comprehensively, we believe that a structured mediation, facilitated by your input, will be highly beneficial.