Category: Q&A

Q . Our condo board recently proposed a large loan for a capital expense. The bylaws stipulate monthly maintenance assessment based on size of the unit. This assessment includes maintaining a cash reserve for smaller projects. There is no …

Q. We have a board member who has been locked out of meetings. According to that board member: "The board has formed an executive committee that has, for all intents and purposes, shut me out. I am no longer able to view board discussions…

Q. Can one condominium board member's voice recording of the board's closed executive session meeting be restricted by the board?            —Inquiring About Privacy Issues A. “It is uncertain if this reader's query is about whether a…

Q. I am a shareholder of a co-op. The co-op's bylaws state that only shareholders and their immediate family members can live in this co-op, but the board permits my live-in boyfriend, who is not a shareholder and who has some mental issu…

Q.  When asked for full copies of monthly financials or ability to at least view them, I am told that this info is confidential and can not be released. My board will only issue a pie chart showing where funds are placed and totals of inco…

Q. Can a board member vote on a change in rules that will directly benefit him/her? For example, the board member is an investor with more than 10 units and needs more parking spaces for tenants. Therefore, he/she moves to vote to change …

Q. I would like to know if it is legal for board members to share personal and financial information regarding our home in the community with other residents who don’t even serve on the board, and some who don’t even own property here, bu…

Q. I live in a Riverdale cooperative. One of my fellow shareholders received a notice at the beginning of January from our management company saying her monthly carrying charge would be increased beginning the next month. There was no exp…

Q. I  have recently been elected to the board of directors at my co-op in Suffolk County. I rocked the boat when I was elected. The current board is not interested in doing necessary things, but rather stall projects and try to distract t…

Q. I live in a HDFC co-op building. I was asked to present my certificate for management and the board to view. My response was that I will produce my certificate when everybody else in the co-op produces their own certificates. I know fo…