Boards Don’t Need to Go Nuclear When Dealing With a Bad Apple

It seems that every co-op and condo building has at least one: the bad apple, the shareholder or unit-owner who turns life sour for everyone else. Co-op boards have a powerful weapon in the battle against problem shareholders – eviction for objectionable conduct – but before going nuclear, boards should take three simple steps: study the problem, communicate their concerns, and document their actions.    Read the article………..


Tags assigned to this article:
boardCo-opcondo

Related Articles

7 Ways Your Community Management Company can Increase Client Retention

While economists and politicians tell us the economy is starting to turn around, community associations and management companies living and

When Differences turn into Dysfunction: Why Your Board of Directors Needs a Code of Conduct

The role of board members in a community association is fairly straightforward: keep informed on the association’s business operations; be

Addressing and Not Avoiding Conflict in HOAs

Earlier this week, I was asked by the Alternative Dispute Resolution Section of the Colorado Bar Association to participate in