B.C. from Los Angeles County writes: Dear Mister Condo, Does a board president have the power to unilaterally discount or forbid other board members from voting on an issue? In this case, the president insists these other officers have a conflict of interest. However, it seems more like it is because he foresees an argument…
Search Results for: conflict of interest
Condo Doing Business with Bank Run by Unit Owner
A.G. from New Hampshire writes: Dear Mister Condo, In a recent vote by our Board of Directors, our Association renewed a CD as it would receive about .05% higher interest for a 1-year CD than from competitor banks. The problem (if there is one) is that a resident of our Association is the President of…
Shocked to Learn Condo Hired Electrician/Owner
P.A. from Bristol County, Massachusetts writes: Dear Mister Condo, We have a board member who owns 2 condos, doesn’t live here, and is an electrician. He is never here, only to collect rents, and is hired by the management company to do electrical work. Is that a conflict? Mister Condo replies: P.A., while I am…
Unscrupulous Commercial Condo Board Forces Owner to Sell
S.B. from Middlesex County, Connecticut writes: Dear Mister Condo, I belong to a 7-unit commercial condominium association with only 2 board members. These two men set me up by having one of their tenants file a bogus complaint against my tenant. This led to her eviction and me being fined $6500. The board members refuse…