Q. Can an election for the purpose of electing board members be held if there is not a quorum? —Need a Primer on Election Procedures A. “In order to conduct any business at a shareholder’s meeting, there must be a quorum,” says attorn…
Q. At our annual meeting, four of five board officers' terms were expiring. Nominations for reelection of these same four officers came from presiding officers. I researched Robert’s Rules, as well as our bylaws, and I did not see anythin…
Every co-op and condo community has a board of directors in charge of governing the community’s finances, physical maintenance and other day-to-day business. Part of the board’s responsibility also is to keep the community fiscally soun…
When it comes to decision-making in your building, attending meetings in person is always best. But should the need arise, shareholders and unit owners are permitted to vote in board elections and other matters of corporate governance by pr…
Imagine that your building's sponsor has planted a friend or business partner in one of the units he owns in the building. This shareholder then decides to run for a seat on the board and with the help of the sponsor, wins. In addition t…