Guest Brent Posted July 17, 2012 at 05:29 PM Report Share Posted July 17, 2012 at 05:29 PM Hello,I've recently moved into a development consisting of 11 single family homes and 5 vacant lots which operate as a condo association. I'm confused as to how that can happen, but that's not my question here. My question is this, the president of the association owns a property management company that manages associations. His company currently manages our association. Is there a conflict of interest? I do not know what's transpired at the meetings, as I have not been privey to any meeting minutes since moving there.Thanks. Link to comment Share on other sites More sharing options...
Chris Harrison Posted July 17, 2012 at 05:40 PM Report Share Posted July 17, 2012 at 05:40 PM Is there a conflict of interest?It seems a bit fishy but RONR doesn't prohibit it (though the Association's governing documents and/or applicable law might) However, apparently the body who elected him as President didn't have enough of an issue with it in order to elect someone else. Link to comment Share on other sites More sharing options...
Tim Wynn Posted July 17, 2012 at 10:45 PM Report Share Posted July 17, 2012 at 10:45 PM Hello,I've recently moved into a development consisting of 11 single family homes and 5 vacant lots which operate as a condo association. I'm confused as to how that can happen, but that's not my question here. My question is this, the president of the association owns a property management company that manages associations. His company currently manages our association. Is there a conflict of interest? I do not know what's transpired at the meetings, as I have not been privey to any meeting minutes since moving there.Thanks.RONR has no rule against it. You should consult an attorney for any legal questions on the matter. Link to comment Share on other sites More sharing options...
Guest Brent Posted July 18, 2012 at 12:43 PM Report Share Posted July 18, 2012 at 12:43 PM Thanks for your replies. Link to comment Share on other sites More sharing options...
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