Question: I have owned a condominium for a long time and have served on the Board of Directors for several years. One big problem involves our condominium management firm. What criteria should be used for selecting a management firm? What services should the management company perform? Once a contract has been signed, how often should the management be evaluated? What is the appropriate interaction between the board and the management company and its employees? There is a lot of dissatisfaction with management among the co-owners, but I also suspect our Board of Directors may be partially at fault by trying to handle management on a daily basis, rather than concerning itself primarily with policy. Your advice would be appreciated. Read the Q&A……………..
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