Condos use fines and court orders for rule violations, while co-ops can terminate leases and evict shareholders for violations.
HABITAT
“Fiduciary Duty” returned 9 articles
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ArticleTopicsColumn TypeIssue
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Setting the Bar
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Into the Breach
Boards face challenges with shareholder alterations, especially for major changes. Consistency in approvals and clear communication help prevent legal issues.
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Educating Board Newbies
New board members must understand their fiduciary duty, legal responsibilities, and consequences of breaching trust when serving their community.
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Don’t Cave In to Group Pressure
Sometimes doing the right thing for shareholders feels like the wrong thing.
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Cascading Conflicts Finally Brought Her Down
There's a reason there's a procedure for almost everything boards do.
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Breaches Aren't Always Clear-Cut
What exactly is a breach of fiduciary duty?
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A Board's Fiduciary Duty Is to Everyone
When board members look after their own interests first, trouble is sure to follow.
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Conflict of Interest
41 legal experts on game-changing laws, rules, and cases.
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Bring the Building’s Two Populations Together
Boards have a fiduciary duty to do what’s best for the corporation.
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