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Condo board must assess association because of builder's mistakes

Posted on Sat, Dec 18, 2010 @ 07:10 AM
  
  
  
  
  
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How much detail should a condo board reveal to the community when two special assessments have to be paid because of a builder's (bankrupt) shoddy workmanship. Should they be told in detail what work has been done and what must be done in the near future and the charges for the work. They have received some information at open meetings and by a lawyer at one meetings
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Normally, boards should share as much information as they with the owners. But with a developer issue, it gets a little trickier. If the board is thinking of a lawsuit against the builder or architect, engineer or contractors, the association's attorney might advise the board that there is certain information that should not be shared with anyone. Since a good result or settlement is important, the board might have some reason for not sharing all information that could eventually benefit all unit owners. 
 
 
 
Stephen Marcus 
 
Marcus Errico 
 
Braintree, Massachusetts 
 
781.843.5000
Posted @ Saturday, December 18, 2010 7:18 AM by Stephen Marcus
everyone that is complaining cracks me up. Don't you realize that you are the association? If you sue your board you sue yourself. Want to change things get on the board. It's a thankless unpaid job.
Posted @ Saturday, December 18, 2010 7:33 AM by mary
mary..... who said anything about suing the board, and is asking fer advice considered complaining ?? i would hate to have you on my board!
Posted @ Saturday, December 18, 2010 9:35 AM by brian
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