Put it in Writing Codes of Ethics Give Board Members Direction

The sitting president of a board of directors of a homeowners association in Connecticut recently approached management with a proposition.

If he awarded her boyfriend job contracts, the property manager would receive a kickback.

Ken Kohnle, working with Elite Property Management based in Farmington, Connecticut, ended the relationship. He said it was the “most shocking” of ethical breaches he’d seen in 22 years of business. The incident shows what appears to be a problem, not just in New England, but all over the country.

By most estimates, the vast majority of New England condominium boards don’t have a code of ethics, although most board members are honest and want to do what’s best for their communities.

But having a code of ethics that spells out the “dos and don’ts” for board members clarifies instances where the prospect of personal gain may tempt a board member to do something the wrong way.


Related Articles

Q&A: Avoiding Conflict

Q&A: Avoiding Conflict

Board Members' Relationships

How Close Is Too Close?

Combatting Kickbacks

Spotting and Stopping Fraud in Your Community

Facing Financial Mismanagement

When Boards or Managers Are at Fault

Bidding Basics

Procuring Vendors the Right Way

Q&A: Tyranny Unbridled

Q&A: Tyranny Unbridled