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Q. I am a former board member who held the office of secretary. I have a question pertaining to a stock certificate. I signed a stock certificate regarding a shareholder (who died in 2018) that was approved by the previous board and issue…
Q. For the past three years, my co-op has not obtained a quorum at the annual meeting. In 2020, during the pandemic, the board decided to go virtual by using Zoom. However, at each annual meeting, the co-op did not reach a quorum, and as …
Q. I'm going overseas for a few months for work, and would like to rent out my condo while I'm away. One of our board members told me I have to submit an information packet to the board, including the names, yearly incomes, and a bunch …
Q. I live in a co-op, and want to move my aging mother into my guest room. Our building doesn't allow subletting, and the board has sometimes caused headaches for shareholders who have brought in roommates over the years. I feel like this…
Q. I live in a Housing Development Fund Corporation (HDFC) building in the Bronx. My building has no meetings or elections, and shareholders are not informed of our financial status at all. The treasurer’s son has taken complete control a…
Q. Is it illegal for a cooperative board to decide not to hold an annual shareholder meeting? If a co-op board does not meet, what rights is a shareholder entitled to? — Waiting to Meet A. Marg…
Q. “A majority of unit owners want our entire corrupt condo board replaced, and five of us are prepared to run and serve on the new board. Problem: The current board refuses to schedule an election, which our management company is respons…
Q. “Over the last decade or so, the demographics in our building have shifted, and currently, about 40% of the residents are native Mandarin speakers — some speak Mandarin only. Our recently elected board president is one such resident, a…
Q. My co-op recently fined me $3k after they accused me of “subletting “ my apartment when, in fact, I was renting my spare bedroom on Airbnb—all along while I lived in the apartment. I was granted my registration number from the OSE in N…
Q. If a board chooses not to conduct a criminal background check on either a prospective employee or purchaser, could the board and/or board members be liable if that person commits a crime or other misdeed against the property or residen…