Board Condominium Financial Governance Property Management Volunteer

No Board at this Iowa Condo!

M.T. from Iowa writes:

Dear Mister Condo,

I own a condo in a small HOA with about 18 units. We currently have a non-existent property manager/bookkeeper that has been in charge of running things since the board disbanded prior to my ownership. This manager has not done any repairs other than basic yard work and snow removal. My roof started leaking and all my requests for repairs have gone unanswered. My front deck is also dilapidated and in need of replacement and she just hired a handy man to come put more screws into the rotting wood. She is not an owner and, in fact, lives about a half hour away in another state. Majority of the owners agree she has been neglecting her responsibilities as a property manager and needs to go. How do we go about that if a board doesn’t exist? Many owners have asked to see the financial state of the association but she refuses and ignores our requests. Some owners are unable to sell due to the fact that they cannot prove that the association is in the black financially. How do we get rid of her put the association back into the hands of the owners? FYI, these condos were built in the mid-80s and most of our roofs and decks are in need of replacing.

Mister Condo replies:

M.T., I am sorry for your situation. Let me get this straight. You and the owners of the other 17 units have been living in a condo association for several years with no one realizing that there needs to be a Board to govern the association?!? You have a right to be upset with the Property Manager but what is she supposed to do? Technically, she has no supervision or guidance from the association. Unlike you and the other owners, she has no ownership interest in your association. I assume she is paying herself for her work out of the association’s common funds, collected by her, and used to pay for the scant services that are being provided. I would say you are fortunate to have her stick around without any direction or supervision from the non-existent Board. I hope she is honest and hasn’t robbed the place blind. The Board is the check and balance system to keep an eye on the association-owned assets (in this case, the money!). You and the other owners need to read your condo documents and determine who will volunteer to serve on the Board as soon as possible. Then, and only then, will you have an opportunity to address your immediate problems but also the myriad of problems created by not having a Board in place. Good luck!

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