Q. I live in a 130 unit co-op in Bergen County, and have a question regarding what may be a conflict of interest involving the separation of co-op administration and outside business concerns. Recently, several shareholders (including mys…
Category: Q&A
Q. I am a board member on our seven-member condo board. We really had a problem with a previous board member, who maintains that any rules (not bylaw changes) must be enforced by subsequent boards and can never be adjusted or changed. Whe…
Q. I know this is a strange question. Can you tell me if or where one would find out if there is a law in New Jersey that dictates the total number of children allowed per cooperative apartment or any dwelling unit? Would this even be fo…
Q. I live in a co-op in Fort Lee. Do co-op shareholders have any rights when it comes to the selection of a management company for their building? And if they can’t directly choose which company will manage their co-op building, can they …
Q. We have a number of apartment units in our condo community where owners have not paid their maintenance for a few months. I feel that it will become a problem if the delinquencies continue, and we cannot pay our bills if owners are beh…
Q. I am a newly elected member of the board of a very small, 32-unit, self-managed cooperative in Fort Lee, where traditionally there has been little transparency between the board and its resident shareholders. In my mind, however, the b…
Q. Certain owners in our building keep some of their personal belongings (i.e., bikes and tricycles, baby strollers, skates, tennis racquets, etc.) in the hallways next to their condo units. Sometimes we have to squeeze by all of their ha…
Q. This has always been an issue of debate in our condominium. How do we set up a fine schedule and what is an appropriate fine schedule that will not be too overbearing? Although we have had fine schedules someone (new board members, re…
Q. At the most recent open board meeting some seven contracts were approved by the HOA board. Some of the contracts were not put to competitive bid. The board indicated that these (including snow clearing) were “renewals” and the board …
Q. Our new condominium association contains, as part of its common elements, an atrium and courtyard. What do I need to know about instituting rules and regulations for these common areas in light of the fact that the board would like to …