Turning over Association Records Can Be Slow, Time Consuming
As an association attorney for more than 23 years, I am often called upon to locate, track down, extract documents for an association. In order to be successful I have had to cajole, threaten, plead and beg for these documents.
In most instances the attempts to secure these documents occur when a developer turns over control of the board of directors to the owners and when one management company gets fired and a new one takes over. More man hours and dollars are wasted in these pursuits than almost any other problem area.
Frequently, developers are uncooperative because they are embarrassed that the association records are in a shambles or don't exist at all.
Sometimes the developer is trying to hide something or is angry because of the way he or she was treated by the homeowners. There are times when the records are turned ove, essential components are either missing or ā¦
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Publication information:
Article title: Turning over Association Records Can Be Slow, Time Consuming.
Contributors: Not available.
Newspaper title: Daily Herald (Arlington Heights, IL).
Publication date: October 21, 2000.
Page number: 5.
© 2009 Paddock Publications.
COPYRIGHT 2000 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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