Can committee members be paid for their work?
Our large estate is over 20 years old and now requires a lot of maintenance and repairs for extensive common grounds. Once, we had a committee of 10. This is now a committee of just three people. They go above and beyond and devote a lot of their personal time, care and effort.
The cost of $120k to hire a manager for the estate would increase residents fees. Is it possible to reward/compensate committee members for their ongoing services? Can we remove their need to pay OC fees? What is the usual process for committee member compensation?