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Board 101: What Are the Duties of a Condo or Co-op Board Treasurer?

/ Owner - September 18, 2012

You might reasonably imagine you know what a co-op or condo board treasurer does. He or she is like an accountant, right? Or, well, maybe a bookkeeper. It’s the kind of thing where it helps to have a degree in finance. Or is it economics? Or accounting? And it’s up to the board treasurer to make all the board’s financial decisions since that’s his or her specialty, right? Or actually, maybe … Hoo, boy! What exactly does a board treasurer do? In the second of our series “Board 101” — Tom Soter and Bill Morris’ distillation of discussions with legal and management experts — we offer a primer detailing at the duties of this pivotal position.  Read More……

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