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Condo association law - what constitutes breach of fiduciary duty?

| Budgets & Finance |   Condo & HOA Law |  


Question:

Does anyone know exactly what constitutes Breach of Fiduciary Duty? Can stupidity or ignorance of the laws be a defense? If a president and fellow board members are aware of past practices and single out a single co-owner is this willful/wanton misconduct? I would like to hear any opinions. I plan on filing suit, if anyone has done so before, would appreciate knowing what the result was. Thanks


Answers (7)

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