Should we pay for the management company software?
The honest version: the software is the company's operating tool. It is how they produce your financials and manage your work orders. Billing the association separately for it is billing you for their cost of doing business, which is a pricing decision rather than a service.
The less clear-cut version is genuinely optional resident-facing technology — a branded app, e-voting, package tracking, reservation systems. Those are products with a cost, and paying for them separately is reasonable if the Board actually wanted them.
Three questions. Is the fee mandatory or can we decline it. What specifically do we get that we would not otherwise. And if we leave, what happens to the data in it — which loops directly back to whether you can export your own ledger. A platform fee attached to a platform you cannot get your records out of is the worst version of this arrangement.
General information for Board members, not legal advice. State law and your governing documents control, and both vary.
More on what it costs
The RFP template, scope checklist, interview scorecard, notice calendar and transition checklist your Board would otherwise build from scratch. No email address, no signup, nothing sent to you afterwards.