The Condo Bible on Dysfunctional Condo Boards

February 2015

Complexes with a dysfunctional board are de facto run by the outside management company, which often, when it realizes that there is a decision-making problem at the board level, will seize the opportunity to make decisions, often benefiting itself rather than the complex. This may include hiring expensive trades and receiving kickbacks and other perks because the management company knows that a poorly functioning board will be unable to detect, or deter, such nefarious activities, or, worse yet, will not be able to make collective decisions to change the management company.

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