My association's documents say that the board must consist of five total members. This past election, only four people ran and got elected. Does the new board then have to appoint another member? If they choose not to for some reason, can a…
My association's documents say that the board must consist of five total members. This past election, only four people ran and got elected. Does the new board then have to appoint another member? If they choose not to for some reason—can an…
Serving on the board is not all fun and games, glamor and glory. There’s also some paperwork involved. In fact, the flow of paperwork is the lifeblood of the community. The Articles of Incorporation, proprietary lease and bylaws in a…
b>Q We have a serious problem in our HDFC co-op, a limited equity cooperative. Number one, there have been no annual meetings for years. There have been no elections and the same people are entrenched on the board of directors. Thirdly, …
Q I am a shareholder in a four building, 68 unit co-op. Two years ago, shareholders voted down a board proposal to replace the building’s 23-year-old windows. Recently, the board has decided to go ahead with the project which will co…
Your roof terrace leaked and the neighbor below you sued for damages. The heating system in your apartment failed to work and the managing agent sent you the bill for its repair. You bought a dog for your child, and six months later th…
My building has a rental apartment that was bought from a previous shareholder. Apparently, an amended document was not filed with the state attorney’s office, so there are still shares attached to this apartment. These shares were voted b…
Can a designated trustee of a co-op apartment serve as a member of a co-op board in any role? —Upper East Side Shareholder A “The general answer to the question is yes provided that the bylaws of the corporation or th…
Whenever a co-op or condo resident has a burning question about policy, rules, or procedure in their association community, chances are the answer doesn't lie in some obscure legal document or under lock and key somewhere in the depths o…
Every year, the shareholders of co-op apartments gather together—in their building's community room, or even in the basement in the shadow of the laundry machines, on flimsy chairs that are only used once a year—to discuss their mutual inve…