This question is submitted by R. Hayes out of Salem, MA.
I was recently elected to our board and was astounded to learn that the property manager is writing checks from our HOA account to a service company he owns -- without the board ever reviewing his company's invoices.
Other board members claim this is a common setup for a large complex and they believe we are receiving work at a discount. Shouldn't this kind of work go out for bids?
I guess the question here is, Is it a common arrangement for a property manager to hire his own company to perform work at a complex, such as landscaping, cleaning, etc.?
Thoughts?
