Can anyone provide info on how they set up their Dispute Resolution commitees for a coop? What kind of info do you provide people on the committee with, how often do they meet or only when there is a dispute, etc. Any info would be helpful. We are in NJ.
> Join the conversation Comments (1)how should we go about this a shareholder had a leak which went on for months causing a huge water bill for the building upon entry we found the apt to be in terrible shape from not disposing of garbage and basically is a hoarder what should be our first step in confronting her should we get a law yer first
> Join the conversation Comments (1)we are in the same position as many co-ops in new york city. our board is not doing a good job. so we got together and got enough votes to call a special meeting. we got one major item off our backs and are preparing to vote out the exsisting board. wish us luck. we are a very small co-op 22 share holderss. one saving grace is that our propritory lease allows non owners to run for the board. donald trump are you reading this?
> Join the conversationHi all...I posted this request once before and got great leads. Our challenge is that we cannot afford the larger management company fees...we are a small building that is rebuilding funds and the complex because of just the most horrible shoddy construction. We have a management company which has been pretty good over the last few years...but seems to be a slipping a bit. What we could use is an individual who manages buildings...we are approaching mostly back office stuff at this point...and think one person could help us do that. Anyone know somebody? thx. Michele
> Join the conversation Comments (2)It seems the shareholder could have a problem with keeping her apt clean and there is a terrible smell coming from the apt and people on the same floor are complaining about it The apt is on first floor in the lobby. Is it the board's responsibilty to speak to the shareholder or should the neighbors on her floor address the problem
> Join the conversation Comments (3)What rights do coop owners have when their units have been hit hard by Hurricane Sandy and the management, board and contractors refuse to commit to what work will be covered to these units.. We are having such a hard time receiveing any concrete feedback.. Any suggestions?
> Join the conversation Comments (1)
Hi all...hope you had a good holiday.
We have had some roaches in a few units...likely travelling upwards, as roaches do. We know of at least one unit that has a "problem." And, we have suggested that everyone do some exterminating as a precautionary measure. But, this suggestion has not gone over well. What can we do as a board to further encourage this? Are we allowed to mandate full-building extermination?
We have an older elevator which works fine and the mechanics are a very high quality standard not produced anymore. Sadly some new board members spoke to elevator "contractors" who advised total replacement (they often broker such deals.) However the actual elevator mechanic says it is in fine order and that consultants always advice replacement - for money-making purposes (it is usually a very large contract) as we ll as liability issues. Thoughts?
There seems to be a signifigant important difference btw elevator mechanics and consultants.
TheUnitedCoalitionOfHpdHomeowners has a Facebook page. Does anyone know who the organizer is? It's about time someone investigates HPD.
the co-op board took the coop office and renovated it and rented it out to raise needed income. the co-op board asked shareholders to donate money to a fund to do this renotvation. it was called peer to peer lending. a 5% interest was paid to those who contributed. in the paper work the board asked that the funds remain with them and be rolled over and be reused as per the needs of the co-op. i did not give any money and wonder if this will compromise the leagle standing of our co-op . is this a leagle way to raise money ? only the contributers recieve a 5% percent pay out every year . as of this time no money for the princeple was paid back.
my thoughts were to sell the renovated apatment and use the money to pay our back taxs and fix the roof and stoops. i was outvoted
in the treasures report no mention was made of what the income from this apt was.
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Hi pk. I've never heard of a co-op or condo having a formal dispute resolution committee. It doesn't mean they don't exist, but in my opinion, dispute resolution is a function of the board.
Can you provide some additional detail about the kinds of disputes a committee would handle? Are they disputes between just shareholders, or disputes between shareholders and the board?
Also, can you give us some idea of the size of your coop; number of apartments/buildings, etc? I can see a board-appointed committee triaging inter-shareholder disputes in a very large development, but acting more in a fact-finding capacity than as a final arbitrator.
I may be wrong, though, since I've never seen a co-op with such a committee.
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