Tag: Transparency

Q&A Q&A: Show Me the Money!
2019 May Q&A: Show Me the Money!

Q. I live in a condo complex in Rhode Island. I only receive a financial statement once a year. I would like a monthly expense sheet and income tax return sent to me. The management company and the treasurer have not answered me. Is there…

Read More
Q&A Q&A: Can Elections Be Ignored?
2019 March Q&A: Can Elections Be Ignored?

Q. The election of officers did not occur at our condo’s annual meeting, nor was a date and time set for the election. The election of officers has not occurred within the 10 days as stated in our bylaws or state statutes because there wa…

Read More
Board Operations Board Optics
2019 February Board Optics

Community association and co-op boards typically consist of elected volunteers whose job is to serve the best interests of the community in day-to-day decisions both big and small. In an ideal world, every board would live and die by its fi…

Read More
Q&A Q&A: Fishy Financial Operations?
2019 February Q&A: Fishy Financial Operations?

Q. We live in a 64 unit condo in Massachusetts and feel that the board of trustees is not following their fiduciary responsibilities. The treasurer resides out of state, and has all maintenance invoices sent to her monthly. She is, theref…

Read More
Insurance The Chain of Communication
2018 August The Chain of Communication

The board of a condominium, cooperative, or homeowners’ association literally exists to serve, and to represent residents’ best interests in the day-to-day business of the association. The relationship between the owner/shareholder and the …

Read More
Board Operations Ensuring Good Communication
2018 February Ensuring Good Communication

The key to any healthy relationship is good communication. That holds especially true for the sometimes-delicate dialogues that take place among residents, shareholders, board members, and managers in co-ops and condos of all sizes and conf…

Read More
Management Board/Management Relations
2018 January Board/Management Relations

A condominium, cooperative or homeowners’ association thrives or falters based on how all of the various stakeholders involved can come together in effort to achieve a common goal: the maintenance of a successful and stable residential comm…

Read More
Board Operations Board Transparency
2017 October Board Transparency

Community living – the very basis of co-op, condo and HOA life—is based on the idea of trust. In a community of potentially hundreds or thousands of residents, every resident can’t be involved in the making of every decision. Too many cooks…

Read More
Q&A Q&A: Can Everyone Attend Meetings?
2017 August Q&A: Can Everyone Attend Meetings?

Q. Understanding that Massachusetts law enables all condo members to attend board meetings, my question is whether this also holds true if meetings are held in a board member's private residence. Are there any guidelines that differ betwe…

Read More