A condominium, cooperative or homeowners’ association elects a board for a specific purpose: to manage the community’s day-to-day business, oversee special projects, and draft and uphold the rules and regulations that keep life orderly and harmonious. In fact, the board has an inflexible fiduciary duty to act in the best interests of the community as a whole. This means that boards have an obligation to stay consistently on the side of good, advocating for residents, and promoting neighborly well-being. Most boards do just this. However, boards are made up of humans, and humans are wildly fallible. Having sampled even a morsel of power, some find themselves starving for more; oftentimes other, less malicious folks simply make mistakes, and rather than correct them, keep on stumbling down a wrong path. Read the article……………..
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