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Habitat Magazine Business of Management 2021

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Speaking about documents without seeing themJun 25, 2021

I wanted to ask about this part of the annual meeting where we vote for officers..I had mentioned that I felt ambushed when asked to sign a code of ethics and if I don’t then I’m off the board and didn’t know ahead of time but others new on the board since I was new. Why didn’t the attorney have the document or even other’s documents that they wanted me to sign sent to the board members so we can discuss it?

He also mentioned something about him and someone in our management company to be officers…something like that and again didn’t have the documents in front.

Also he said a code of ethics is has more power than an NDA. Is that true?

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Tainted Elections - Steven424 Jun 25, 2021

An article in the latest issue of The Cooperator has a number of questions posed by shareholders concerning tainted or questionable elections, and responses from attorneys. You may find something that is on point for your issues or close to it.

https://cooperatornews.com/article/qa-tainted-elections

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Documents - Pooh Jun 26, 2021

Thank you but how would you feel if that happened to you? Also during the meeting the attorney was rude and disrespectful and I’m an owner but during the actual annual meeting he was so nice. Would you think it was shady considering all the other board members knew about this document? There is a click. Who’s going to join the board now. So if you burp the wrong way and someone doesn’t like you on the board like the President they’ll contact the attorney. I spoke to the management company (President) and I told him how unprofessional and shady it was and how I felt and then I told him I’m no longer going to serve on the board. I also showed the document to a few people and they said they wouldn’t sign it either. I told a few shareholders because they congratulated me and then I told them I’m not joining and they were upset.

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whose votes - Grant Jun 26, 2021

remember the shareholders vote and elect the Board, not the other members of the board. So only the shareholders can remove a Board member before their term is up.

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Signature - Pooh Jun 26, 2021

Thank you but the attorney said if I didn’t sign the document I can’t be on the board.
I felt like I was being bullied.

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Attorney pronoucement - Steven424 Jun 27, 2021

You can ask the attorney under what authority you can be denied your place on the board if you don't sign the document, but if you're not an attorney yourself it's a spitting contest you'll probably lose. If you ask, do so in writing and request he also replies in writing.

I see two options: speak to your own attorney, or contact the Attorney General's office, advise them of the situation, and ask them for help

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Document - Pooh Jun 28, 2021

Do you do this in your co-op?

Who’s going to join the board with all this nonsense. My job doesn’t even do this.

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Look at your apt - Grant Jul 02, 2021

It's a huge investment for you. Are you going to let someone else run down the quality of life and the resale value?
If so, what do you expect us to do?

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Documents - Steven424 Jun 29, 2021

If you and the other shareholders choose not to do anything you've effectively ceded the outcome to the incumbent board.

In answer to your question about who's going to join the board with all the nonsense, the answer is simple. Organize the rest of the shareholders so a slate of board candidates you put up receives a majority of shareholder votes. Old board is out, new board is in, nonsense is gone.

I said the answer is simple, not easy. You'll have to really work to overcome natural inertia and the tendency to avoid confrontation. You may not get a majority to support your position and at best elect only one or two new board members. You may need to go to an outside attorney and that will cost money. Only you can decide how much pain you're willing to endure, and if it is so much you'd rather throw in the towel.

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Document - Pooh Jun 29, 2021

I actually told the mgmt company that I’m not joining the board. Someone else joined and she’s actually a good person BUT I’m sure the shareholders are wondering why I decided to do that 2 days later. An email went out already.

Oh the President reported someone already and that’s why he didn’t run again .
I can’t be in the same space as her. It’s a team effort and a woman who worked in a completely different industry has no clue about the structure of a building. I do think she’s afraid of me because i confront her when she lies.

I started letting shareholders know already and they were upset and to me the Board loses credibility doing shady things right off the bat.

I will check her and the attorney. I’m the client and his click with her is unprofessional.

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Documents - Steven424 Jun 30, 2021

If other shareholders are upset over shady board actions it should be much easier for you to organize the shareholders and get a friendly slate of candidates elected.

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Document - Pooh Jul 01, 2021

I definitely was upset on the disrespect from the attorney to an owner. He works for me/co op. I think if it was presented better and more like…please don’t get offended but we feel this is something we should have in place and all board members will be signing this…

The other board members knew about the document because its a click and the fact the President already ratted someone out isn’t good. we have a board member who was subletting illegally until he was approached…who’s going to take the board seriously.

We if I would of known about this document I wouldn’t of run.

We’ll have to change next year.

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