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As a fairly new owner of a condo, after settling into my apartment I realized I'd never received or seen minutes from board meetings. I asked about this, and one member said they just chat informally, by email or phone, when issues come up. Is this allowable? Can I request that they meet regularly, take notes, and keep the building informed of what they have been discussing? thx.
At a bare minimum, the attorney who handled your closing should have requested at least 1-2 years of monthly minutes as part of their due diligence. Ask them for a copy.
If your attorney allowed you to close without a review of the minutes or a good reason why he couldn't review them, I don't think he did an acceptable job for you. I don't know what the legal standards are for a proper review of co-op documents, financials, and minutes, but there should have been something he could look at and give a copy of to you.
Thank you - that is good to know.
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I guess this question is somewhat obvious, but I would still appreciate any insight from others who've dealt with apathetic Boards.
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