Category: Q&A

Q. “My co-op, since I can remember, has applied every increase in maintenance, shares, etc. based on whether a unit is one bedroom or two bedrooms. Currently, the treasurer wants to change that rule based on the size of the apartment. If …

Q.   Hello, I am a shareholder of a two bedroom co-op. There are two occupants of the co-op unit under me. One goes to work, while the other individual is a malingerer. Neither is of the mindset “live and let live.” Neither has a problem …

Q. There is a situation with mice in my co-op complex. A shareholder on the first floor told the super she had been seeing mice in her unit. He said he would call a pest control company, but they never showed up. The shareholder contacted…

Q. Can an election for the purpose of electing board members be held if there is not a quorum?                                           —Need a Primer  A. “In order to conduct any business at a shareholder’s meeting, there must be a …

Q. Why are co-op board minutes so sparse that others who read them—shareholders, lawyers, brokers—have no real idea what goes on at meetings? Our minutes are routinely ‘sanitized’ to leave out any troublesome issues, any comments by vario…

Q.  “I live in a building with storage lockers for cooperators on the ground floor and one storage locker on each floor. All the lockers are closed, so the contents are not visible. The building porters inspect the rooms in which the locke…

Q. I am a shareholder and current member of the board of directors running for reelection. At the elections, we did not have a quorum, and the other members decided to keep the elections open for a month. So the ballots were given to mana…

Q. We recently had to vote to remove our board president from his position, because he was taking small amounts of funds on a regular basis. He said it was all ‘petty cash reimbursements,’ but he never told the board or treasurer about ma…

Q. The bylaws of [my co-op] currently charge utility costs—water, sewer, heat/AC, and electricity—to our shareholders on the basis of the number of shares each unit is assigned. The shares apportioned are variable depending on unit size, …

Q.  I serve on the board of my co-op in Forest Hills, and own one unit. Our ‘unsold unit owners’, as they demand we call them, have been in control forever. Originally, there were two sponsors, but both have since passed away, one leaving …