Who must primarily oversee the financial aspects of the condominium?

The Principal Condominium Manager is primarily responsible for overseeing the financial aspects of the condominium. This role involves managing the day-to-day operations, which includes budgeting, financial reporting, and ensuring that the condo’s financial resources are used effectively. The Principal Manager works closely with the Board of Directors and is essential in advising them on financial decisions, expenses, and maintaining the financial health of the condominium.

The Board of Directors does play a crucial role in governance, setting policies, and ensuring that the financial management aligns with the condominium’s goals, but they rely significantly on the Principal Condominium Manager's expertise and guidance in handling the financial day-to-day operations. The other roles mentioned, such as a Chief Financial Officer and General Assembly, typically do not have the direct operational oversight for condominium finances in the same capacity as the Principal Condominium Manager.