Tag: Corporate law

Q&A: Removing a Board Member
2013 March Q&A: Removing a Board Member

Q I'm a board member of an association in Cambridge, MA and recently the board  majority has called for a special meeting in order to have a trustee step down.  We have 12 units, and 11 of them were either willing to meet at the proposed …

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Owner Relations Building a Better Board
2013 February Building a Better Board

 Working in groups can be a challenge. Working in groups when people’s homes—and possibly their life savings—are involved can be a far greater challenge. It’s one faced every day by those brave souls who volunteer to serve on their co-op  …

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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…

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Q&A: Can Managers Serve on a Board?
2012 October Q&A: Can Managers Serve on a Board?

Q My question is about being elected to the board of a condo association. We have  a building management company hired by our board. Can the management company  executive be elected to the board? How about any other persons from the  comp…

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Board Operations All For One
2012 July All For One

 It can be easy for seasoned, veteran board members to recall both the excitement  and challenge of being elected to the post. For many, the first weeks and  months are a daunting experience requiring a learning curve that is not always  e…

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Q&A: Conflicted in Connecticut
2012 January Q&A: Conflicted in Connecticut

Q I am the vice president of our board. Just recently, we found out through a real  estate ad that the president of the board is selling his unit. Does this pose a  conflict of interest? In effect, should the president remain the presiden…

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Owner Relations Friend or Foe?
2011 Feb Friend or Foe?

Being elected to the condo board inserts a divisive quality into one’s relationship with their neighbors. While still a unit owner, subject to the same rules, regulations and responsibilities, a board member has made a commitment to the…

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Q&A: Can Condo Treasurer Be Fired Without Due Cause?
2011 Feb Q&A: Can Condo Treasurer Be Fired Without Due Cause?

Q “Do the individual condo association board members and president have the legal  right to remove a treasurer from his or her duties without due cause and deny a  chance for rebuttal?”    — Breaking Up is Hard to Do A “The…

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Board Operations Difficult Choices
2010 Oct Difficult Choices

 Decisions, decisions, decisions. Board members have to make them all the time,  from how money should be spent on repairs to what contractors should be hired.    Making decisions might seem easy, but deciding between two courses of…

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Insurance Welcoming New Board Members
2010 August Welcoming New Board Members

Dear current board members and management team, As a newly seated board member I wanted to let you know that I am a little unclear as to what my role and specific responsibilities involve. Having never served on a condo board I …

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