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Law & Legislation Watch Your Mouth
2011 June Watch Your Mouth

 In the course of human events, it's almost inevitable that somewhere, at some  point, tempers will flare and someone will say something awful about someone  else. It can happen after the PTA meeting, in the gym, at the office...even in  o…

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Law & Legislation Can We Go Green?
2011 June Can We Go Green?

 As gasoline prices rise with increasing summer demand, building administrators'  attention has turned sharply to the cost of energy, and ways to trim fat from  their overall energy budgets.    Yet for the nation’s nearly 60 million…

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Law & Legislation "Phantom" Boards
2011 June "Phantom" Boards

 As the directors of a cooperative corporation, co-op board members have a number  of duties to their shareholders, chief among them to preserve and improve their  investment and to maintain and/or improve shareholders’ standard of living …

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Law & Legislation No Time Like the Precedent
2011 June No Time Like the Precedent

 Co-op and condo boards are made up of resident volunteers who want to serve  their building communities and have a hand in its governance. While some board  members actually make their living as attorneys and have a working knowledge of  …

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Law & Legislation The Paper Chase
2011 June The Paper Chase

 With homeownership comes great responsibility. For co-op and condo residents,  part of that responsibility means sorting through the seemingly mile-high  stacks of documents handed to you before, during and after the purchase process  beg…

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Law & Legislation Capitol Concerns
2011 June Capitol Concerns

Although the budget and tax cuts occupy the public agenda in these recessionary times, housing is still as big an issue as ever. Many housing-related bills, including those specifically related to co-ops and condos, have been introduced…

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Q&A Q&A: Taking Action Against a Negligent Board
2011 May Q&A: Taking Action Against a Negligent Board

Q Our building is being run by family-based board members. The building is falling apart and there are apartments that have been sitting empty for more than 10 years. We have never seen a financial report. What can we do to change this? …

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Q&A Q&A: Unfair Dog Rules
2011 May Q&A: Unfair Dog Rules

Q “My husband and I are moving into a community that doesn't allow dogs. However there are people who do have dogs because they said that the law passed 12 years ago and people who had dogs then could keep their dogs and if their dog d…

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Q&A Q&A: Adding Relative's Names to Stock Certificate
2011 May Q&A: Adding Relative's Names to Stock Certificate

Q Recently shareholders have asked to have family names added to proprietary stock certificates (I was told to avoid estate “problems” in the future.) I balked (I'm on the board) stating the legal rights of ownership, and liabilities, t…

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Design Capital vs. Cosmetic
2011 May Capital vs. Cosmetic

 Co-op, condo owners and board members understand certain truths; one is that  whether aesthetic, mechanical or otherwise, every building will require repair,  upgrades and improvements. Determining what is a capital project versus what is…

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