Q. I live in a co-op and my neighbor downstairs from me is constantly smoking. I brought it to the attention of the management and nothing has been done. What are my options as a shareholder? Do I bring legal action against management,…
Category: Q&A
Q. I am an original and current shareholder in an HDFC co-op in Manhattan; I am on the lease and stock certificate along with my father (a co-shareholder). We both became shareholders along with the other existing tenants in the building …
Q. The president of our board holds two positions, and his wife holds another. Their friend holds the last position. We had an election yesterday, and two new residents gave speeches running for positions on the board – one for the presid…
Q. My apartment was flooded four times with sewage, along with kitchen and bathtub pipes bursting. As a result, mold is everywhere in my apartment. The co-op board refused to do mold remediation except for the four sewage leaks in the kit…
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 …