Tag: Board of directors

Q&A Q&A: Unresponsive Board
2007 Sept Q&A: Unresponsive Board

Q I live in a condo and have issues with the board. I have had an attorney send them a letter and they have NOT responded. According to the bylaws they are required to have regular monthly meetings. They don’t. Can they do this? I don’t…

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Q&A Q&A: Missing Meetings
2007 Sept Q&A: Missing Meetings

Q What happens if board members consistently miss meetings, or don’t attend, messing up the voting process for a board? What recourse do we have? --Attentive Board Member A “Removal of a member of the board of directors…

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Finance Surviving Tough Financial Times
2007 July Surviving Tough Financial Times

Almost everyone, whether they're financially successful or not, knows what it's like to feel the pinch of financial insecurity at one time or another—those moments when an unexpected expense looms on the horizon like a storm, or the real…

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Q&A Q&A: Unethical Conflict of Interest?
2007 July Q&A: Unethical Conflict of Interest?

Q I’m a board member of my condo. We have one member of the board who is a real estate broker. He brought an issue to our attention. Our condo is an owner of a very small piece of land that is adjacent to another building near ours. The…

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Q&A Q&A: Absent Voter Legislation
2007 May Q&A: Absent Voter Legislation

Q Is there any legislation in New Jersey concerning “delegate voting” in common interest communities? If so, why was the legislation enacted? What is the distinction between “delegate voting” and “voting by proxy?” —Cur…

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Q&A Q&A: Conflict of Interest?
2007 March Q&A: Conflict of Interest?

Q I live in a co-op in Bergen County, and have a question regarding the separation of co-op administration and outside business concerns. Recently, several shareholders (including myself) noticed that one of our board members, a realto…

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