Articles #Board of Directors

In addition to charging regular monthly fees, a condominium's board of directors may occasionally make the decision to levy a special assessment.

Boards of directors for condominium corporations are made up of volunteers-ordinary residents who are often encountering board membership for the first time.

While the adoption of a code of ethics is commonplace among condominium boards, many of the members who are asked to sign them may wonder whether it really makes a difference in their own behavior and actions, or in those of their fellow board members.

Condominium boards are comprised of residents who volunteer to take active responsibility for what happens within their community. However, many residents and even new board members are not exactly sure of what the board and its members and officers do. Typically, there are four officers and an odd number of board members whose responsibilities vary slightly.