S.J. from Florida writes:
Dear Mister Condo,
What is a “good purpose” to ask to see contracts? Property Management contract, landscape contract, etc.?
Mister Condo replies:
S.J., technically, you don’t need any reason to see these or any other association record. Your association is a corporation; you are a shareholder within that corporation; you have a right to inspect whatever you might wish to. That being said, why would you want to see these records? The Board of Directors are the folks who routinely see these records and then renew contracts or seek outside bids for the goods and services that the association contracts for. If they are doing a good job, these records simply support that. If you suspect wrongdoing or kickbacks or some other reason that you feel you need to inspect these records, you can make the request to see them. Be advised, that the association and/or management company can charge you a reasonable fee to produce these records for your inspection. Honestly, unless you suspect foul play, I don’t think I would waste my time or money inspecting records such as these. All the best!