Cooperative corporations and condominium associations are collectives of shareholders and owners, respectively. Both are governed by a board, the members of which are typically elected by those same shareholders and owners. Immediately fo…
We hear about them all the time. Whole movies are made about them. Those nosey, controlling, downright hostile neighbors who can make your life miserable. Having one down the hall or next door is bad enough—imagine what happens when they e…
Q. What can be done when the president of the condo corporation verbally harasses the building’s superintendent? —Seeking to Stop the Abuse A. “Since condominiums are not corporations (although the boards of managers…
Q. We recently had to vote to remove our board president from his position, because he was taking small amounts of funds on a regular basis. He said it was all ‘petty cash reimbursements,’ but he never told the board or treasurer about ma…
One should not be fooled: serving on a co-op board is a commitment. It's a voluntary position in which those who are elected must cater to both the interests of their constituents and the property in which they themselves reside. Sleepwalk …
Chances are if you’re a resident in a co-op, condo, or HOA community, you’re familiar with your property’s board of directors (or trustees, or managers, depending on what part of the country you live in). Boards are usually made up of volun…
Q. My co-op has not had an election of new board members in over 20 years. The president sends a notice of the annual meeting--’come for coffee and donuts’-- but never mentions there is an election due. Now she is holding the annual meeti…
Most co-op and condo residents understand that there is a board protecting the interests of their building community and individual owners—they’ve probably taken part in numerous board elections, or even served on committees, or volunte…