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Are the board members required to reside in the condo community?
Posted: 07/10/2021 4:20 pm
Although the president of the board owns several rental units he does not reside in the building. We have been living with a decision made that affects our daily living yet he has not experienced any inconvenience.
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0 Replies
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By chrissietopping@gmail.com 07/10/2021 4:43 pm
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Posted: 08/10/2021 6:52 am
GibsonT
Great question. I agree with the response above.
Remember the board president is only one vote on the board. Why not make a motion – make your case and see if you other board members agree with you?
Did you know that many newer condos in the inner-cities have as many as 50% non-resident owned?
Some condos face a great deal of complacency and cannot get people to sit on the board. Landlords might bring a more business-focused perspective which, in my opinion, is frequently not given enough attention by well-meaning boards.
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@kathleenlf11gmail-com I think it depends on your by laws. It is so important that people living in a building are consulted.