Category: Q&A

Q&A
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
2007 March Q&A: No Service? No Fees!

Q I live in a condo that I own. Lately, our elevator has been stalling and making scary noises for two months. Are we as condo owners entitled to withhold our monthly fees until our management fixes the problem? They’ve been unresponsiv…

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Q&A
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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Q&A
2007 Feb Q&A: Does Every Minute Count?

Q I serve as secretary on my co-op’s board of directors and would like to know if it is common practice for the secretary to write down everything said at a given meeting word-for-word. My board seems to think so, but I feel that paraph…

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