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I am a shareholder in a cooperative and a self-employed sole owner corporation (S-Corp). The coop board has refused maintenance payments from my corp. on the grounds that the corporation would incur ownership. True? There is no bylaw about it.

Written by submitted anonymously on October 19, 2016. Posted in Questions & Answers

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Question

Rent and Own text on paper with red pencil -- housing concept

Can we allow a renter to serve on the board?

Written by submitted anonymously on October 3, 2016. Posted in Questions & Answers

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One hundred dollar on jigsaw puzzle - rendered in 3d

Is the management company required to keep separate bank accounts for Reserve Funds vs Working Funds?

Written by submitted anonymously on September 26, 2016. Posted in Questions & Answers

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Fenced backyard with wooden walkout deck and small shed

If one is in compliance with the HOA’s By-Laws when adding a structure to one’s property, but the Board cannot substantiate their reasons for denying one’s structure with the said By-Laws or any official HOA document, what options are there? If the HOA By-Laws don’t define what a “structure” is and there are 20+ structures in the community (pool houses), can a resident be denied a “shed”?

Written by submitted anonymously on September 17, 2016. Posted in Questions & Answers

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Question

Close up detail of football referee's legs after a yellow penalty flag has been thrown.

I’m interested in learning about restrictions and limitations governing HOA late fees. Is there is a penalty “limit” that an HOA can impose for late assessment payment?

Written by submitted anonymously on September 15, 2016. Posted in Questions & Answers

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