22 Why should you be wary if many condo owners in a property you're evaluating are failing to make timely payments of their association dues? A O It means the condo is old and may need significant repairs soon. BO Because it's a sign that there may be many vacancies in the building in the near future. Because the association may not have enough money to keep common elements repaired. DO Because the condo association won't be able to pay the property taxes on the building.

22 Why should you be wary if many condo owners in a property you're evaluating are failing to make timely payments of their association dues? A O It means the condo is old and may need significant repairs soon. BO Because it's a sign that there may be many vacancies in the building in the near future. Because the association may not have enough money to keep common elements repaired. DO Because the condo association won't be able to pay the property taxes on the building.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter10: Managing Property And Liability Risk

Section: Chapter Questions

Problem 3FPC

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