My scoring criteria is clearly spelled out in writing and I use an objective score sheet to determine approval or denial.

Typically, though, the terms are spelled out pretty well...at least I know they are here in our Florida contract.

@Srinath GopinathanI don't have an exact answer for you - but would guess that it is because the the covenants and bylaws spell out what the separations are between what the HOA is responsible for, as well as what the condo owner is responsible for.  

Thanks everyone.Any partnership needs to be clearly spelled out in a legal contract.

With this new system, I won't wait long to sign an agreement and spell out what commissions are owed.

If it is a fixed rate loan, I don't see how they can increase the rate if you are not defaulting - but your mortgage / loan agreement should spell things out for you.   

@Jack SeidenThe buyers representation agreement has a clear portion that spells what commission the buyers agent gets and where he gets it from.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

You could say I was under their "spell"...

I\For me it is very easy Bobby, I would just wait for NI-0DE ( I may spelled it incorrectly) report and wait for two quarters report where the appreciation is not negative, two quarters are good.