We are a self-managed Association now fr about 8 years and recently have had issues about the level of rent we have been setting. We are charged a discounted rent by the Authority onto which we add an amount for insurance plus working capital for site improvements and Association development/activities.
If you have the same arrangement in your authority can you tell me if there is a ceiling that is placed on the total subs you are alowed to set or are you allowed to go as much as you wish above the discounted rent you have to charge each member to pass onto the authority.
Thanks
If you have the same arrangement in your authority can you tell me if there is a ceiling that is placed on the total subs you are alowed to set or are you allowed to go as much as you wish above the discounted rent you have to charge each member to pass onto the authority.
Thanks
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