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WiseOwl58
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Category: Real Estate Law
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How does a Board go about changing the assessments from

Customer Question

How does a Board go about changing the assessments from monthly to quarterly?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  WiseOwl58 replied 1 year ago.

The board should either amend its bylaws, which requires a certain vote of the members, usually majority, to enact.

Alternatively, the members can take a vote on the proposal, and if passed by a majority vote, it will be changed.

Please rate 4 or 5 and close out the question. Good luck to you. I wish you all the best.

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