Money related
A review of the recently approved automated mini-market contract shows that Brickell Key One (BK1) will not receive commission on sales, while still carrying certain operational costs and responsibilities. The contract was approved unanimously by the Board members present at the September 26th meeting . Approval Process and Due Diligence At the September 26th Board…
Key Takeaways (Details Below) A review of the recently approved automated mini-market contract reveals that the Brickell Key One (BK1) Association will receive no commission on sales, while bearing significant operating costs and legal liability. The contract, approved unanimously by the attending Board members at the September 26th meeting, appears to lack fundamental protections for…
Brickell Key One (BK1) owners are currently paying for both sides of a significant legal dispute, as the BK1 Board has initiated a lawsuit against one of our owners and the Brickell Key Master Association (BKMA). This action has immediate and substantial financial consequences for all unit owners. The Financial Impact on BK1 Owners The…
