What can be done with this condo problem?

Question:

Our condo pres got elected for 5 months by proxy and during that time he has managed to fire, hire and fir , hire again 3property management companies in 5 months. The first property mgt co was here for 3 years and had it's contract renewed by the previous pres when the new prs came in and within 2 weeks cancelled the contract and everyone had to leave. The first property mgt co gave the condo corp a lawsuite worth$200,000 plus interest and legal fees for firing them "no just cause". The condo is in the middle of examing these actions. The past pres has not been re-elected and a new pres is responsible for overseein gthe mistakes of the past pres. The past pres threathens legal action is they find him personally responsible for the lawsuit as the corp will personally sue him for his irresponsible actions. If everything happens like this it could go on for years and I live here and worry about the cost to me for legal fees etc. Can anything be done to remedy this problem.?

Answer:
How is the president doing this all alone? Where's the rest of the members of the board?

Have the HOA take a vote.

I didn't know that Bush managed condos on the side. You just have to do as much damage control as possible and wait until his term runs out. Costly mistake.

I think it would be wise for the Condo Corp to hire a lawyer quickly to review what has happened and how things can be minimized. I would also suggest that the Condo Corp make it a policy to consult a lawyer before cancelling contracts and issuing new ones to ensure that there is a written "out" clause for both parties that is fair and equitable.

I hope this helps.

Quit living in condos. Buy your own land, build your own house, and do whatever the hell you want. I have never understood why anyone would willingly submit to condo boards or home owner's associations. You might as well move to Russia.

What can be done with this condo problem?

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