Many condominium associations have significant assets in the form of unused attic spaces. Leasing these attics realizes assets and improves the association's finances.
In an attic lease, there are many laws and regulations that must be followed.
Share ratios need to be adjusted, and in some cases, a new financial plan needs to be prepared. The bylaws may also need to be revised.
Forum investigates the economic consequences for the association, develops new share ratios, prepares the financial plan, and performs valuations for pricing of the raw space, among other tasks. Forum prepares the documentation for the general meeting's decision.