C
curt1s
Guest
Being a member of a condo association here in Pennsylvania (PA), I have run into a difficult situation. The land is still in the developmental stage and 17 or 30 units are currently sold. There are 3 members of the Executive Board of the condo association, two of the members are the developers, and one member is the owner of the property management company.
In the bylaws they gave us, it stated that 21/30 units must be sold to vote on new members of the executive board. We were planning to immediatly fire the the property management company when we, the unit homeowners, gained control of the association. The property managemnt then informed us that they have a five year contract with the association, and that it cant be terminated by us when we gain control of the Executive Board.
Here are my questions:
1. Can that contract be valid when we gain control of the association?
2. Isnt this some type on conflict of interest anyway because the owner of the property management company is on the Executive Board? What is stopping her from form givign herself a 50 year contract?
3. Doesnt the PA Uniform Condominium Act protect us from this kind of stuff?
Thank you,
Curt1s
In the bylaws they gave us, it stated that 21/30 units must be sold to vote on new members of the executive board. We were planning to immediatly fire the the property management company when we, the unit homeowners, gained control of the association. The property managemnt then informed us that they have a five year contract with the association, and that it cant be terminated by us when we gain control of the Executive Board.
Here are my questions:
1. Can that contract be valid when we gain control of the association?
2. Isnt this some type on conflict of interest anyway because the owner of the property management company is on the Executive Board? What is stopping her from form givign herself a 50 year contract?
3. Doesnt the PA Uniform Condominium Act protect us from this kind of stuff?
Thank you,
Curt1s