Tag: Board of directors

Board Operations Clarifying Board Roles
2017 February Clarifying Board Roles

Chances are if you’re a resident in a co-op, condo, or HOA community, you’re familiar with your property’s board of directors (or trustees, or managers, depending on what part of the country you live in). Boards are usually made up of volun…

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Energy Conservation Loud & Clear
2015 October Loud & Clear

It's a truism that's been phrased many ways by many wise people: “A lack of transparency results in distrust and a deep sense of insecurity.” That's the case in any number of situations, but it's especially applicable to the administration …

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Board Operations Going by the Book
2015 October Going by the Book

It happens in business, government, and industry every day: employees learn the rules of a new job, and before long they know those rules so well, they start going around them or taking short cuts. Rarely is this done with malicious intent.…

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Q&A Q&A: Removing the Board Treasurer
2015 October Q&A: Removing the Board Treasurer

Q  “We live in a condominium development of 130 units. One investor own 48 of these units. He’s taken two seats on the board since 1986. No one votes for him, I suspect he always votes for himself and gets on the board. Can this be possibl…

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Board Operations Bankrolling the Board
2015 September Bankrolling the Board

Co-op and condo board members are charged with the all-important responsibility to make critical policy decisions that ensure the building, the property, and their neighbors' interests are cared for and protected. It's a job that requires l…

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Q&A Q&A: A Marriage of Convenience?
2015 September Q&A: A Marriage of Convenience?

Q  My concern is that a homeowner and a prior trustee has her own property management company. And recently, our board of trustees hired her to manage our community.  That would be perfectly okay, but it seems that in the past year, this s…

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Board Operations Attracting New Board Members
2015 August Attracting New Board Members

With so many people leading busy, sometimes hectic lives that revolve around work, kids, social functions, and other obligations, it's often very difficult for co-op, condo, and HOA administrators to find residents willing and able to serv…

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Board Operations Running the Show at Board Meetings
2015 July Running the Show at Board Meetings

When it comes to the subject of meetings—specifically monthly board meetings or annual unit owner meetings in condos, co-ops, and HOAs—there seem to be no neutral opinions. A few folks actually like these exchanges, but most dread them. …

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Board Operations Can You Hear Me Now?
2015 July Can You Hear Me Now?

Communication is vital to running a successful condo or co-op building. So what happens when homeowners complain that board members are not listening, and—even worse —ignoring their complaints and problems? Well, you can bet it will …

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Q&A Q&A: Must Board Members Reside in New Jersey?
2015 April Q&A: Must Board Members Reside in New Jersey?

Q My question is this: can a cooperative board of directors require board members to be residents of the state of New Jersey? —Garden State State A “Co-ops are often governed by the same rules and procedures that apply to corpor…

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