#2143
CCI Admin
Keymaster

Very unethical business practice as there is no way of truly knowing what amount of “kickback” so to speak is being received by the management company. Since the property management company works on behalf of the condo board it would be no different than a main contractor hired by their customer/client to find the right trades to do the scope of work required and adding 15-20% which is a fairly standard contractor( management company) mark up to supervise the work to be done. Therefore the condo association should be paying the mark up to the management company.

Mike B on August 07 2018 at 05:00 PM