Doing it the Right Way Establishing Protocols in Smaller Buildings

A legal pro advises boards to establish -- and stick to -- proper procedure when carrying out business
In smaller buildings and associations, it's tempting for boards to do business and make decisions based on goodwill and a handshake -- board members may have been serving for decades, and know each other like family. Tempting or not however, an informal approach to association affairs can lead to trouble. In this segment, a legal pro explains why. 

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Comments

  • It's very good, but for our coop 715 Ocean Pkwy Owners Corp. in Brooklyn no more than Bla-bla- bla. I am shareholder from 1999. During the period of 18 years I see a lot of illegal activity of the Board of Directors(I have written proof).