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Reply to "Signs of a dysfunctional condo association [DC] "
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[quote=Anonymous][quote=Anonymous]An easy way to spot dysfunction is ask for a few months of board meeting minutes. A functioning board spends its time discussing and approving capital projects; a dysfunctional board wastes time on meaningless garbage like policing people on minor inconsequential stuff.[/quote] Meeting minutes on Covid are hard to find. My condo association the last annual board meeting was October 2019. Our bylaws state if no meeting or no one runs for board stays the same. We actually have open spots so anyone who wants to join board can. No need election. The board has delegated authority in any repair or improvement under $5,000 and any emergency improvement as long as we have funds above that amount We have zero large improvement projects planned, no plans to borrow money, do special assessment or raise condo fees. All we do votes on. Last voting item was October 2018. When we do then just who present and high level summary. The last few buyers I don’t think they even know there is a board. They deal with managing agent. They got audit financials by out CPA. The minutes are a dated thing. In fact I know many a condo who stopped doing them even though not allowed. Risk of doing them greater than penalty. [/quote]
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