Are there different rules/laws for selling apartments in a coop, based on whether you're an owner or the sponsor
—laws controlling who the SPONSOR is allowed to sell to (especially when he's trying to disengage from the building)?
We are trying to accomplish more owner-occupied units in our coop and do NOT want investors. The sponsor knows this, and yet...
He sold one of his units to another investor. That investor never lived in the building, and immediately rented it to a family who already lived here but was looking to move within the building. That tenant moved out within a short time (year or two) and the apartment is now rented to yet another person.
Is it appropriate for the President of the board to send out emails using their name and not ending it “Your Co-op Board” or something like that?
In our co-op the President sends out random emails and doesn’t even let the board give input and some are long with lots of details.
How is that a team besides that quite a few times the emails were hostile and disrespectful.
What are your thoughts on the President of the board who contacts the co-op attorney to rat out a fellow board member when they think that maybe they did something wrong. It’s not even that serious but it happened two times already. The President didn’t even consult the other board members .> Join the conversation Comments (1)
After we have an annual meeting and we know who will be elected who leads the conversation on appointing each role?
The current president sent out communication already to stay after, etc and she’s acting like she’s the President for the next year but she wasn’t elected yet.
Is it a board member, management company or attorney leading the conversation.
We've not seen any specific guidance on whether we can reopen our building playroom for kids' parties. We have allowed the playroom to remain open for one family's use at a time. The kids are mostly not vaccinated, but several parents want to be able to host guests and parties again.
We are willing to let them absent specific guidance to the contrary, with the caveat that we don't want to monitor anything, e.g., mask wearing. Any advice?
We think one of our broad members is subletting . He was asked who was living in his apartment ( as neighbors notice someone new) and he said a roommate but yet he’s never in the building and a woman lives in his apartment and it’s a one bedroom. Don’t want our board to look bad. What should we do? Report to management company? If it is true what would be the consequences?> Join the conversation Comments (1)
What are you thoughts on all communication which includes financial report, voting info and basically anything as an email /PDF instead of making copies for all the residents/shareholders? It saves on cost because the management company is expensive or unless some documents need to be mailed out?
My co-op didn’t have an annual meeting last year due to Covid (management company isn’t very tech savvy) and this year I had to push it to have one. There’s definitely some confusion with the setup. Voting and instructions packages didn’t arrive in the mail to all so I said please email too besides the fact that some might be WFH somewhere else. I also had to push to get the financial report. We have 6 slots and 6 candidates so basically all get in. Can they insist on a quorum if we didn’t have a meeting last year? How could you skip two years without having an annual meeting?> Join the conversation Comments (1)
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.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.