Q I am a shareholder in a cooperative of 121 units and 152 parking spaces. My question concerns the rightful use and maintenance of community property. Every shareholder is entitled one parking space at a fee of $20 per month. The addi…
Category: Q&A
Q I am trying to purchase a condo but the board is holding up the process based on my financial status. I don't know what the problem is because I have an excellent credit history and no lawsuits against me. I will even have enough mon…
hard wood floors which squeak probably requiring repairs or due to rotting wood, not to mention ceiling leaks. I have attempted to contact both owners through letters, however I have not received any responses in the mail. I have reache…
Q I am the vice president of our board. Just recently we found out through a real estate agent that the president of the board is selling his unit. Does this pose a conflict of interest? In effect, should the president remain the preside…
Q Our annual meeting was conducted this past week during which three of the present board members were up for reelection—the president, treasurer (her fiancée) and a board member. All three were re-elected and a fourth elected since the…
Q I live in a 51-unit condo complex in Essex County. The association is attempting to get a loan for needed repairs of at least $200,000, however, three attempts were denied due to the delinquency in condo dues totaling $35,000. There a…
Q I've had a long existing leak in my full bathroom since the owners above me have moved in. It so happens that the owner's son runs a bath for as long as two hours at a time, blasting the water full force. Over time, this has caused d…
Q Can you tell me if or where one would find out if there is a law that dictates the total number of children allowed per cooperative apartment? Would this be found in the bylaws, offering plan or is it something that the city regulates…
Q I Our rules and regulations state that owners may not have more than 2 pets, one of which may be a dog. One of the unit owners—who also happens to be a board member— keeps 4 dogs in her unit as pets. Since she is a board member, the bo…
Q I belong to a small self-managed condo of six units. However, there are 2 serious concerns: 1) Recently, I discovered that two of the board members used fund money to repair their boilers so they could pass inspection. They led us to…