It is unlikely that the condo’s declaration, bylaws, rules, or policies include any reference to building trust; yet good governance cannot be achieved without it. Directors might assume that meeting their fiduciary responsibilities is enough, but specific actions...
Attempting to fix a condo board's problem does not usually result in calling the police. If a fight breaks out at a condo board meeting and the police are called to assist, most directors recognize that there is a problem. These types of problems usually escalate over...
Planning and oversight key to positive outcomes for condo projects. Given how much corporations are likely to invest in renovation projects, it’s important to set them up for success. Here’s advice to help directors do just that. The reserve fund study Before even...
One of the biggest challenges of being on a condo board is finding a way to manage condo owners’ expectations of directors. Condo board directors are owners too, so this can be tricky!