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Tag: Transparency

Finance Document checking, agreement or contract validation, financial or budget analysis, search for document files concept, businessman manager holding big magnifying glass checking document paper.
2010 Jan Fraud Detection for Co-ops and Condos

Criminals like Bernard Madoff and other so-called “white collar” lawbreakers have made headlines recently with their financial double-dealings, but unfortunately, fiscal mismanagement and fraud also happen in co-op and condo communities…

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Law & Legislation What Happens When a Board Goes Too Far?
2008 June What Happens When a Board Goes Too Far?

Co-op and condo owners often complain that their board doesn’t do enough, or that the board members aren’t involved as much as they would like in the administration and maintenance of their building. While a disinterested or apathetic board…

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Law & Legislation Examining Books and Records
2003 Aug Examining Books and Records

Scenario: A shareholder or unit owner suddenly demands an inspection of the board's "books and records." Since the board is not guilty of financial impropriety or the squandering of funds, it has nothing to hide. Nevertheless, the b…

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Board Operations Shareholder Rights
2002 Oct Shareholder Rights

Whenever a resident, board member or building owner gets frustrated by inaction or the process of wading through the bureaucratic red tape of board politics, it's hard to know where to turn for a solution. Hostility accomplishes li…

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