Tag: Corporate law

Q&A Q&A: Missing Money
2012 January Q&A: Missing Money

Q I belong to a small self-managed condo of six units. However, there are 2 serious concerns: 1) Recently, I discovered that two of the board members used fund money to repair their boilers so they could pass inspection. They led us to…

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Q&A Q&A: No Quorum and the Same Board
2011 November Q&A: No Quorum and the Same Board

Q What happens when there is no quorum at a shareholders meeting and therefore there is no election for new board members? The same board has remained in my condo for many, many years without a chance for us to vote them out. Isn't the…

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Insurance Keep on Learning
2011 August Keep on Learning

 To be an informed board member is the goal. For both new and seasoned members,  however, there are countless challenging topics requiring specific knowledge.  With new regulations and legislation on tap, it is imperative that board  membe…

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Insurance Training Day
2011 August Training Day

 Co-ops and condos function thanks to the dedication of board members who  volunteer their time and expertise to make sure their building or HOA is  efficiently run and that their investment is protected. Ideally, new board  members might …

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Q&A Q&A: No One to Run?
2011 June Q&A: No One to Run?

  Q Our condo association's board consists of five members. Three seats are up for  election in the fall. What are our options if we have no other condo owners  willing to put their names on the ballot?    —Concerned Condo Owner …

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Owner Relations Duty vs. Neighbors
2011 February Duty vs. Neighbors

 Getting elected to the board of one's co-op or condo building is usually a very  positive thing: it gives a person the chance to play a part in the preservation  of their community, and also gives them the opportunity to leave it in bette…

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Owner Relations How to Get Heard
2011 February How to Get Heard

As a condo owner, you’ve got a gripe. Whether it’s about Mrs. Smith’s poodle barking all day, the neighbor’s teenaged son, who blasts his heavy metal music full-volume when his parents aren’t home, or a long-coveted parking space that ha…

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Board Operations "Everybody Out!"
2010 October "Everybody Out!"

That being said, there are times when information can and should be more tightly controlled, and when non-board shareholders actually don't have the legal right to certain information. Knowing when to include and when to exclud…

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Board Operations Tough Calls
2010 October Tough Calls

Board members find themselves acting as referees so often, some may feel like they're wearing black-and-white striped shirts. Maybe they're mired in the middle of a conflict between homeowners because one group of gardening enthusiasts…

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Q&A Q&A: What to Do About a Law-Breaking Board?
2010 October Q&A: What to Do About a Law-Breaking Board?

Q We have a condo board which allegedly ignores, breaks, and applies bylaws inconsistently. They also make up bylaws, have not monitored our insurance policies for at least two years and have not taken action on a couple of safety i…

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