Serving on a co-op or condo board is nice work if you can get it. The pay is terrible (that is, nonexistent). The hours can be long. The level of satisfaction among shareholders or unit-owners can range from sky-high to the bottom of the basement. When things go wrong, it’s the board’s fault; when things go right, people tend not to notice. And if the board has to raise monthly charges or levy an assessment — fuhggedaboudit. So why would anyone of sound mind want to take on such a thankless, unpaid position? Read the article…………………………….
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