Category: On The Board

Law & Legislation Confessions of a Co-op/Condo Attorney
2007 Oct Confessions of a Co-op/Condo Attorney

While we were toiling away at our respective law schools and then studying endlessly for the bar examination, we never expected to be confronted with the wide range of issues that our cooperative and condominium board clients have approa…

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Board Operations Knowing Your Governing Documents
2007 Oct Knowing Your Governing Documents

Whenever a co-op or condo resident has a burning question about policy, rules, or procedure in their association community, chances are the answer doesn't lie in some obscure legal document or under lock and key somewhere in the depths o…

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Board Operations A Board's Moral (and Legal) Obligation
2007 Oct A Board's Moral (and Legal) Obligation

Picture this: a co-op resident has a problem with his neighbor who plays loud music into the wee hours. He contacts his board of directors to see what he can do about this issue, but no one calls him back. Thinking maybe he just fell thr…

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Board Operations Protecting Your Building from Fraud
2007 Oct Protecting Your Building from Fraud

Most individuals have a healthy sense of ethics, choosing to run their personal lives and business affairs aboveboard. Unfortunately, a few bad apples are inevitable. Co-op and condo board members and managers are in positions of autho…

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Board Operations Discussing D&O Insurance
2007 Oct Discussing D&O Insurance

The board of directors runs on volunteers. They put in hours of unpaid time and effort into making sure your condo or coop runs efficiently and effectively. And then they make a mistake and wham! There is a lawsuit and suddenly they are bei…

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Board Operations The Benefits of Being on the Board
2007 Oct The Benefits of Being on the Board

Being on a board of a condo or co-op is no picnic. There are tons of decisions to be made, disputes to settle, finances to keep track of and a chance of being sued for a slip-up. So why do so many people decide to serve on a board—some for …

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Board Operations Running a Successful Meeting
2007 Sept Running a Successful Meeting

Ever feel like your board meetings last longer than Wagner's entire operatic Ring Cycle? They may not last nine hours, but even three hours is a long time to sit in a chair—especially when the agenda doesn't include the Flight of the Valkyr…

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