| reply to Draiman
Re: Condo Assocation and Signed Agreements with Cable Provider Thank you all for the replies, And Yes do agree Entire board and Management company should be fired way they manage things around here. |
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 CabalPremium
join:2007-01-21
Austin, TX
 ·Suddenlink
| said by computerman2:Thank you all for the replies, And Yes do agree Entire board and Management company should be fired way they manage things around here.
Sounds like you should run for the board at the next election. That's what I did when I was displeased with how things were being handled.
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If you can't open it, you don't own it. |
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 DraimanLet me see those devil horns in the sky
join:2012-06-01
Kill Devil Hills, NC
 ·Verizon FiOS
| said by Cabal:said by computerman2:Thank you all for the replies, And Yes do agree Entire board and Management company should be fired way they manage things around here.
Sounds like you should run for the board at the next election. That's what I did when I was displeased with how things were being handled. That's like changing your oil filter but not changing your oil itself. The management company is as much a problem as the board. Get a good management company in first then worry about the board. 
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IF YOU FIND ANY MISTAKES IN MY WORK...Please consider that they are there for a purpose. I try to please everyone and there is always someone looking for mistakes! |
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| reply to computerman2
The management company only carries out the policies and procedures set force by the Board. For all we know the management company provided advise on how to implement and notify residents of the decision made only to have the Board ignore the suggestions. It happens that way all the time. Take it from someone with 25 years in the business. |
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DraimanLet me see those devil horns in the sky
join:2012-06-01
Kill Devil Hills, NC Reviews:
·Verizon FiOS
| reply to computerman2
I'm sure it varies a lot. The board can directly control stuff or just conduct meetings and let the management company handle everything else. I always pick associations where the management company runs the show. The board has no power over financial matters. All changes that involve money is done either by owner vote or by the management company.
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IF YOU FIND ANY MISTAKES IN MY WORK...Please consider that they are there for a purpose. I try to please everyone and there is always someone looking for mistakes! |
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Reviews:
·Rogers Hi-Speed
1 edit | reply to computerman2
Time to contact a laywer my thinks and have the condo/management open the books!
In so far as I know, it is not ALLOWED by law to run in the red, as you are paying for your water included in the bill an amount MUST be allocated to this, same as everythign else, a budget needs to be made and submitted for approval.
As for transferring the issue of the roof over to owners? No way is that permitted! you purchased the condo with the "Outside shell" being condo responsibility, the cost of replacing a roof on a single home runs from 2000-5000, regardless of how much fees you are paying, some of that money needs to be allocated to a roof /maintenance fund and they cannot just transfer something willy nilly.
Looks like el presidente is getting a kick back to accept this deal in some fashion.
In my own condo corp we have a president who while fully legal is doing many things we disapprove of, mind you I was unsuccessful in running against him as he "stacks" the votes by getting a lot of the owners who are absent to provide him with proxy votes. Thing is, we have no way to contact them since we're not privy to the information he is giving him an unfair advantage as he has been running the place like his playground for over 25 years.
I'm in a Condo not by choice but by fact it's all I could afford at the time. if I could I would dump it and live in a single house where while I pay all the bills I'd also own the whole shabang! |
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1 edit | reply to Draiman
said by Draiman:I'm sure it varies a lot. The board can directly control stuff or just conduct meetings and let the management company handle everything else. I always pick associations where the management company runs the show. The board has no power over financial matters. All changes that involve money is done either by owner vote or by the management company.
You are incorrect. An Association is a corporate entity, registered in the State it is located in. The Board is elected by the homeowners to conduct the business of the Association and has a fudiciary reponsibility to conduct business in the best interest of the Association. Notice I didnt say how groups of homeowners would like because what a homeowner may request doesn't always reflect what is best for the Association (business).
The management company better not be making unilateral decisions regarding the Associations monatary affairs. That would be illegal and unethical unless they are doing so under the guidelines set forth by the Board.
The Board has the right to have a management company handle the day to day operations of the Association, but as stated in last post, the management company does this based on the policies and precedures set forth by the Board. |
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Reviews:
·Verizon FiOS
| said by bmilone2:said by Draiman:I'm sure it varies a lot. The board can directly control stuff or just conduct meetings and let the management company handle everything else. I always pick associations where the management company runs the show. The board has no power over financial matters. All changes that involve money is done either by owner vote or by the management company.
You are incorrect. An Association is a corporate entity, registered in the State it is located in. The Board is elected by the homeowners to conduct the business of the Association and has a fudiciary reponsibility to conduct business in the best interest of the Association. Notice I didnt say how groups of homeowners would like because what a homeowner may request doesn't always reflect what is best for the Association (business). The management company better not be making unilateral decisions regarding the Associations monatary affairs. That would be illegal and unethical unless they are doing so under the guidelines set forth by the Board. The Board has the right to have a management company handle the day to day operations of the Association, but as stated in last post, the management company does this based on the policies and precedures set forth by the Board. Just agree to disagree. There's no way your going to be able to win that stance for all 50 states and all situations. You keep making statements like there is only one way to do stuff....your way. You've been here long enough to know better too. |
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CabalPremium
join:2007-01-21
Austin, TX Reviews:
·Suddenlink
| reply to Draiman
said by Draiman:said by Cabal:said by computerman2:Thank you all for the replies, And Yes do agree Entire board and Management company should be fired way they manage things around here.
Sounds like you should run for the board at the next election. That's what I did when I was displeased with how things were being handled. That's like changing your oil filter but not changing your oil itself. The management company is as much a problem as the board. Get a good management company in first then worry about the board. The management company reports to the board (and can be replaced by them and/or the homeowners). The management company may draw up the budget and handle the everyday finances, but the board is ultimately held accountable for it.
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If you can't open it, you don't own it. |
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Reviews:
·Verizon FiOS
| said by Cabal:The management company reports to the board (and can be replaced by them and/or the homeowners). The management company may draw up the budget and handle the everyday finances, but the board is ultimately held accountable for it.
Who are accountable to the owners. |
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CabalPremium
join:2007-01-21
Austin, TX Reviews:
·Suddenlink
1 edit | said by Critsmcgee:said by Cabal:The management company reports to the board (and can be replaced by them and/or the homeowners). The management company may draw up the budget and handle the everyday finances, but the board is ultimately held accountable for it.
Who are accountable to the owners. Obviously.
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If you can't open it, you don't own it. |
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Reviews:
·Verizon FiOS
| said by Cabal:said by Critsmcgee:said by Cabal:The management company reports to the board (and can be replaced by them and/or the homeowners). The management company may draw up the budget and handle the everyday finances, but the board is ultimately held accountable for it.
Who are accountable to the owners. Obviously. Owners -> Board -> Management Company
Power on both ends with monkey's in the middle! |
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| Thank you Everyone for replies, Will consult a lawyer on the roof and maintenance situations...and deal with all the other things as they come up. |
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 stevek1949We're not in Kansas anymore
join:2002-11-13
Virginia Beach, VA | reply to computerman2
Re: Condo Assocation and Signed Agreements with Cable Provider said by computerman2:Thank you Everyone for replies, Will consult a lawyer on the roof and maintenance situations...and deal with all the other things as they come up.
You may want to take a copy of the condo declarations with you. Get a lawyer that hase some condo association legal experience.
Good luck. Sounds like you will need it! |
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