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Shareholder concerns about board

, such as no money to pay bills, every month we are in a deficit etc. Mr. Jack Lepper of Kagan Lupic Lepper Lewis

reserves

in a financial manner. Spend a little money upfront to get an engineer's assessment, then sketch out a timeline

Re: how much to have in reserve account

enough money in your reserves to cover emergencies like replacing a boiler if it's reaching it's life

Re: Eviction

chooses to pay the overdue charges on behalf of the shareholder, you must accept the money.

Sorry--this unsavory practice is not so easily dismissed.

before the meeting begins, determined by proxy.) When the dust clears, few have the money & drive needed

Disallowed a sale for price alone?

financial industry" and has money to spare. To give additional information: I'm in financial straits

"Waiver of subrogation"

the insurance carrier agrees that after payment it will not seek to recover the money it paid from the negligent

Re: Waiver of subrogation

shareholder to recover money paid to the coop to settle a claim. This is true even if the shareholder

kickbacks

Unfortunately people go on boards because there is money to be made. Our building is almost

WHEELCHAIR RAMPS

to refurbrish & rehabilitate this building. You cannot imagine how much money they spent on painting

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Board Talk

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Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

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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

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