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Tag Archives Management Company

President Not A Tie-Breaker

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Q: Recently, a member of our board of directors resigned, leaving my condominium association with six board members. The board met in a closed meeting to consider appointing someone to fill this vacancy The board voted three times to …

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Association Not Required To Mail Out Records

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Q: I am in the process of getting property insurance for my condominium unit. My insurance company will not issue a policy until they review the master insurance policy that the association has in place for the buildings. I …

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Owners Generally Do Not Have the Right to Approve the Annual Budget

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Q:        Do condominium owners have a say in approving the annual budget? (D.J. via e-mail)

A:        Unit owners do not have the right to adopt or approve a proposed budget …

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Management Company / Resident Conflict of Interest?

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Q&A: The owner of the management company is also a resident/property owner in our community. Some of us feel that this creates a conflict of interest. What is your opinion on this?

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