Boards need to know what their insurance policies cover, and what shareholders are potentially responsible for.
Boards need to know what their insurance policies cover, and what shareholders are potentially responsible for.
A co-op board asks for advice regarding a major alteration of an apartment with no apparent end in sight..
Be sure you’re protected when shareholders want to transfer shares to a trust.
Make sure that scary notices – like your building’s mortgage is in default – are sent directly to your board.
When a sweetheart lease is transferred, the board should look for new opportunities.
How do you deal with a sponsor who won’t relinquish control?
If construction defects are plentiful, stay level-headed and in contact with your attorney.
Boards can’t pull a rule out of thin air because it would suddenly benefit them.
What are the limits to board transparency?
When faced with unreasonable owners, act reasonably, even if this means going to court.