When private interests infiltrate the condo board
Why does one become a director? It’s generally not the applause, the pay cheque, or the pleasure of being bombarded in the elevators by other residents’ questions. Some directors cite interest in playing their part to help their home thrive, others blame their neighbours’ persistence, and others are there to fix some old mistakes. Regardless of one’s original motivation for becoming a director, directors have a tremendous responsibility, including managing the property and ensuring compliance with the condo’s governing documents (the Condominium Act, declaration, bylaws, and rules). Section 37 of the Condominium Act requires directors to act honestly and in good faith in carrying out their duties, and to exercise the care, diligence, and skill that a reasonably prudent person would exercise in comparable circumstances. Read the article………….
As hated as they are by some, homeowners associations—or HOAs as they’re known—actually do serve a purpose. They allow neighborhoods
Accordingly, it is only to the advantage of boards of directors of condominiums to obtain and follow advice from a variety of professionals,
I recently read an interesting case about parking rights in a commercial condominium. The applicant was the owner of three