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My condo association board president is a contractor. He seems to get all contracts for improvements of common property whether he does work self or is the general contractor on bigger projects. He bills the association for work done, at very high rate compared to local construction cost. He has been the president or on board for over 15 years and has become quite wealthy doing just work at association, such as our new pool, beach stairs, public bathroom (built himself for $6,000?), clean up of failing roof of fitness center, employing wife and son at very high wages. A lot of projects he doesn't even get permits. Son is also paid for monthly pool duties when we have property manager and professional pool maintenance company come everyday. He pays his wimpy son 40-50 per hour for raking beach.
What can we do? Are there any state or federal laws broken. His two buddies are also on board and they just do what they want. One is ex-police chief who is treasurer and buddy of president. They bully and control the property of over sixty $500,000 to $1,000,000 units. Quite the racket. They just fired a great property manager without reason or owner discussion at the September owners meeting. What can we do? How do we see financial records? Get removed from condo board or arrested for over fraud or misappropriation of funds? People afraid of making allegations without proof and the dirty ramifications as he has keys to every unit. Can you please advise steps we can take. Feel helpless and discrimination in my own home. What can we do for our former wonderful, honest and handsome manager that just loved the beautification of property and took such great care of the owners, bless his heart (tears me up). Sincerely, Helpless on the lake.
Tags: Property Management, Boards, Budgets
posted @ Monday, November 08, 2010 8:32 AM by Victor
posted @ Monday, November 15, 2010 7:28 PM by sylvia
posted @ Monday, November 29, 2010 4:55 PM by Jonny
posted @ Sunday, January 02, 2011 1:16 PM by Judy Gordon
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