Q I am living in a condo whereby I am enduring loud noise by two rude neighbors. I had to hire my own private lawyer. The condo board has their own lawyer and their lawyer responded to my lawyer. I recently received a bill from the cond…
Category: Q&A
Q How do we start a reserve fund? Where does the money come from? What can we or can’t we use the money for? Must we get approval from shareholders/owners in order to spend the reserve fund? —Building Board Member A “…
Q How many years can a person serve on a board? Is there a way to limit the number of years someone may serve? —Curious Board Member A “In the majority of residential cooperative and condominium buildings there…
Q In years past, unit owners were given copies of the minutes of the annual meeting. A new management company was engaged and this practice stopped. Now, when I have requested the minutes of the annual meeting, I have been told that …
Q I live in a condominium and we just had our annual election. Each year, new people run for the board, but the existing board members solicit proxies in order to remain on the board. As a result, five “old-timers” seem to make all the …
Q I am a shareholder at a 49-unit co-op in Manhattan. For the past five years we’ve had a vacant unit on the third floor as a result of excessive noise emanating from the apartment above. The past and present boards have not initiated an…
Q I have a question about raising the maintenance fees on a condo. Is there any set limit or percentage? Case in point—our maintenance fee has been the same for 17 years. Now the board of managers has raised it 40 percent. I was payi…
Q Our condo has prohibited the use of doormats. They say they are a hazard. Is this legal? How can we fight this nit-picking rule? —Annoyed in Brooklyn A “As with so many issues that arise between unit owners an…
Q I’m a past president and current shareholder of a co-op. The current board is saying—that two years ago when I was president—I am responsible for decisions that the majority board decided back then. My apartment is for sale and the…
Q I live on the fourth floor of a condominium project, and management has advised that they will shut down the elevators for two months. They claim they will arrange to have staff assist people with carrying up groceries, etc. Howeve…