New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

Subscribe for Daily Updates!
Unruling shareholderOct 20, 2012

We have a shareholder who has been protected by the management and the sponsor. He has taken a hammer to the door of an elderly shareholder. He makes noise that the police was called numerous times, however, at a hearing held with the Board of Directors he was found not guilty. He has a tendency of calling people niggers and spic. The latest incident was that he wrote a letter to the manager and to the super, and in the back of the super's letter he wrote niggers and spics. I am the president of the board now, and what appropriate action can we take to get rid of the shareholder. I need some help.
Thank you,
Billy Joe

Join the Conversation Comments (1)
Unruling(sic) shareholder - IANAL Oct 21, 2012

Speak with your board attorney about this. If you do anything without proper legal guidence you could be screwed worse than the unruly shareholder.

Thank you for rating!

You have already rated this page, you can only rate it once!

Your rating has been changed, thanks for rating!

Introduce yourself to other members of Board Talk! Login below or register here.

Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Register

Forgot your password? Click here

> Join the conversation

Introduce yourself to other members of Board Talk! Log in below or register here.

Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Introduce yourself to other members of Board Talk! Login below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.

Ask the Experts

learn more

Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

see the guide

Looking for a vendor?