Please will someone enlighten me....our association has a contract with a Management Company tht is hired to pay the bills (with board approval on the bills other than common area elements such as utilities and landscaping), supply actual figures for the calendar year which in turn provides a basis for the following year's budget. Not withstanding, the Management Company also handles the information for any renters, leases pertaining to the rental, and any units up for sale or "sold". Again, this information is to be supplied to the board in a recorded format for historical use. It is also the responsibility of the Management Company to notify the board of any necessary documents needed for the "seller" such as the release document stating that the unit owner is up to date with any maintenance fees or special assessments being paid in full and current as of a particular date which is then signed by the Board for the sellers use at the closing.

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