when a board has made the decision to replace a management firm entirely, the process is somewhat more complicated. “Change is never easy and requires work,” says Weaver. “However, when the effort of the board in managing the manager outweighs the work to transition to a ...
“Most boards understand that getting information out eliminates problems, and it’s also effective to keep channels open when the board needs to stress particular issues—seasonal regulations, for instance,” says Ragosa. Additionally, he points out that a management company can make Internet commun...
“Beyond these minimal requirements, however, the amount of detail to include in board meeting minutes is a matter entirely within the board’s discretion. And there are certainly reasonable policy reasons for keeping meeting minutes as bare-boned as possible. It is generally considered good practic...
New CIOA rules, for both pre and post-‘84 condos, curtail the ability of the board to do things like decide on the spur of the moment to have a meeting, convene in someone’s apartment, and decide to, say, fire the property manager, and only announce the action after the fact. Th...