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Our governing documents permit fines (up to a certain limit) for House Rule violations. If your coop has adopted fines for breaking House Rules, has it worked out well or caused resentment and backlash? Do you have a 3 written warnings and then a fine sequence?
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
We apply fees, as these are more defensible.
If there are persistent and recurring violations and thus warrant major action, our attorney notifies the offending resident that the Proprietary Lease will be suspended under the terms of the lease and, if a mortgage is outstanding, we will notify the mortgage holder.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.