Tag: STARK & STARK

Finance Catching Financial Irregularities
2007 July Catching Financial Irregularities

Instances of out-and-out fraud are rare in the world of condos and homeowners associations, but that doesn't mean you shouldn't look out for them and know how to spot signs of trouble. Consider this—most board members are volunteers…

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Law & Legislation Legal Nightmares
2007 June Legal Nightmares

We've all heard stories—harrowing tales of crazy lawsuits, mishandled misunderstandings, shady dealings, outright fraud. From loony shareholders or unit owners, corrupt staffers or belligerent neighbors, the legal imbroglios residential …

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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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Q&A Q&A: Converting the Roof
2007 Feb Q&A: Converting the Roof

Q In order to raise our reserve fund and provide further amenities to our co-op, the board is exploring the possibilities of converting our roof-top into both private and common decked areas. The plan is two-fold: a) sell a portion of t…

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Owner Relations Dealing with Difficult Residents
2007 Feb Dealing with Difficult Residents

As a member of board, you've volunteered your time to serve your building or homeowner's association with the best interest of your community in mind. But as every board member knows, even with the best of intentions, your board may…

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Owner Relations Amending Your Rules and Bylaws
2007 Feb Amending Your Rules and Bylaws

What would it be like if today's society was governed by laws set forth centuries ago and never updated? While some fundamental rules about not stealing things or hurting people might not change much, others would be in dire need of a facel…

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Board Operations Adventures in Management
2007 Jan Adventures in Management

The incident started out ordinarily enough—a property manager had to tow an improperly parked vehicle from his association's grounds. The tow truck driver pulled up to the car and began to chain it up, but before he could complete the job, …

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