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Guest Brent

Condo Assn President**also owns management company??

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Guest Brent

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.

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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.

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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.

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