Tag: Board of directors

Board Operations Getting Ahead of the Curve
2012 October Getting Ahead of the Curve

 Board members and trustees are volunteers with many responsibilities. They  devote time to their association, act as a governing body for the condo and  have the powers to control what is permitted to take place and not take place.  It’s …

Read More
Board Operations Understanding Fiduciary Duty
2012 October Understanding Fiduciary Duty

 Being elected to the board of a co-op or a condo comes with a great deal of  power, and with that power also comes a great deal of responsibility. Whether  they serve a co-op or condo community, trustees and board members, in their  posit…

Read More
Q&A: Throw the Rascals Out?
2012 October Q&A: Throw the Rascals Out?

Q Residents of our cooperative have been faced with the problem of getting rid of  the co-op’s board of directors. These are some of the reasons why: 1.They lack the  expertise to be board members because they are inept, incompetent and  …

Read More
Management Under New Management
2012 September Under New Management

For the most part, people are afraid of change, and that’s why they are more likely to stick with what they have and what they know, rather than explore new possibilities. That’s definitely the case with condo communities in re…

Read More
Board Operations Board Members for Life
2012 September Board Members for Life

It is one of life’s eternal questions: is it possible to have too much of a good thing? That question certainly can apply to the matter of long-serving board members, those individuals who get elected and re-elected term after term. And…

Read More
Board Operations The Head of the Line
2012 August The Head of the Line

 Susan Jones wants to join the board of trustees. She’s been a unit owner for a few years and really believes that she can make a  difference to the association. When it comes to co-op and condo boards, many  members join because they have…

Read More
Q&A: Eligible Board and Voting Rights
2012 June Q&A: Eligible Board and Voting Rights

Q My question is about being elected to the board of a condo association in  Quincy, MA. We have a building management company hired by our board. Can the  management company executive be elected to the board? And does this executive  hav…

Read More
Q&A: Amending Our Bylaws and Board
2012 June Q&A: Amending Our Bylaws and Board

Q Our board used to be nine members in the beginning but we made an amendment to reduce the size to seven members. Now we want to increase it to nine again because seven is not enough. Do we have to make another amendment? —A…

Read More
Q&A: Legal or Illegal?
2012 May Q&A: Legal or Illegal?

Q A friend of mine is the president of a condo in Waltham, MA. She had been  working for the superintendent as a secretary when the super started his own  business, which is on the condo premises. Although it’s just office work, my friend…

Read More
Q&A: Can Professional Still Serve on Board?
2012 March Q&A: Can Professional Still Serve on Board?

Q I am on the board of directors in a Connecticut leasehold property. For some time, we have wanted to nominate one of our leaseholders but she keeps refusing to be on the board because she says that as a lawyer/ accountant, she holds h…

Read More