Q Can the president of a co-op board be in business with the management company’s owner without divulging it to the shareholders or other board members? The board members were recently notified that the owner is one of the board of d…
Q A neighbor down the hall from my condo apartment has installed a video camera over his doorway—presumably as a security measure. Our building has a doorman and double-locked vestibule, as well as security cameras in the lobby, so t…
Q “Our tenants’ association recently held its annual shareholder’s meeting. The objective for the new board was to dismiss the current management company. Many proxies had been collected by our door-to-door campaign, and there was al…
Q “We have an owner in our condominium association who is several months behind in his fees. He currently has a tenant in his unit. The association pays the bill for his water, sewage, pool and other amenities. Do we as an associatio…
Q About 25 of the single-family homes in our 55+ community, purchased within the past three years, back up to a two-lane public road on the perimeter of the community. When owners purchased their residences, the land across that road…
Q My question concerns board members who are also real estate agents. How common is this? What must other board members watch out for to ensure that the board member/real estate agent doesn't cross the line and have a conflict of in…
Q I live in a 28-building garden apartment complex with 56 units per building—some of which are rent stabilized, others of which were sold as condos. The owner of the complex is now in jail in connection with his company’s fraudulent …
Q My question concerns the various forms of compensation our building’s super receives and the shareholders’ right to know the exact sum of his monthly income, as an exact cost to the building. Our super has a fixed salary, which is disc…
Q “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, can they attend the interviews with the potenti…
Q “Our 200-unit condo association has seven delinquencies. Six of these cases have been delinquent for over a year. Liens are in place, and all are in the hands of our attorney for collection. Most are mortgaged past fair market value…