A condominium, cooperative, or homeowners’ association elects a board for a specific purpose: to navigate the ins and outs of association management on a day-to-day basis. In fact, the board has an inflexible fiduciary duty to act in the be…
2017 October
Focus on... Board Operations
Community living – the very basis of co-op, condo and HOA life –is based on the idea of trust. In a community of potentially hundreds or thousands of residents, every resident can’t be involved in the making of every decision. Too many cook…
Most people go about their days paying little attention to the labor performed by those who make their lives easier. From transit workers to service employees to government officials, how often does one stop to thank the people making every…
Supers, building managers, maintenance persons, custodial staff, groundskeeping personnel, porters, doormen, concierges—depending on the size of a community, the staff roster for a condo, co-op, or HOA can be pretty long. The truth is, in t…
Q. If someone wants to get a board member off the board, how do they go about it, and what percentage of the shareholders do they need? —What’s the Procedure? A. “The question is a good question, and the a…
Q. I live in a five-story condominium with 24 units, 24 “designated” parking spots, and six undesignated spots. “Designated” means that only the 24 people with parking tags can park in any one of those 24 designated spots (but the spots a…