In condominiums, commercial unit-owners may be asked to pay for expenses unrelated to their unit. Bylaws and agreements govern these obligations, often leading to negotiations.
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Splitting the Difference
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Formula for Success
When amending bylaws, avoid making extensive changes, choose the right timing, consult your attorney, gather input from shareholders or unit-owners.
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It’s Never Too Soon for an Update
Key considerations for co-op bylaw updates include allowing electronic annual meetings, implementing staggered board terms for continuity, and ensuring adequate indemnification for board members.
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Make Sure You Have the Votes Before Trying to Amend Your Bylaws
Can you guarantee enough support to amend your bylaws?
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How the Right of First Refusal Works in a Condo
Do you know how the right of first refusal works?
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Ruling the Roost
A new list of house rules causes a kerfuffle.
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Who Is Responsible for Damage in a Condo Unit?
Unit-owners are bearing more of the load when it comes to insurance.
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Times Change, and So Should the Rules
Why ignoring updates to bylaws and house rules is bad practice.
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Who Pays for Repairs? Check the Condo Bylaws
The legal definitions of “unit” and “casualty” can have a big impact.
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Unrecorded Bylaws
How is it possible that boards could be working off the wrong set of bylaws?
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