September 20, 2025 - 22:55

In cooperative buildings, managing the behavior of shareholders can be a complex issue, especially when it comes to hoarding. Co-op boards have the authority to take action against shareholders whose actions have caused damage to the property or posed health risks to other residents. However, it is crucial that these boards adhere to their established rules and regulations during this process.
When a shareholder's hoarding behavior leads to significant concerns, such as pest infestations, fire hazards, or structural damage, the board must first document the issues thoroughly. This documentation serves as a foundation for any potential action. The board is typically required to follow a specific protocol, which may include providing written notices to the shareholder and offering them a chance to rectify the situation.
Ultimately, while co-op boards can take necessary actions to protect the well-being of their community, they must navigate the situation carefully, ensuring that all steps taken are in compliance with the governing documents of the cooperative.
December 21, 2025 - 21:14
Is VICI Properties Emerging as a Hidden Gem in the Real Estate Market?If you are curious about whether VICI Properties is becoming an overlooked investment opportunity, this analysis may provide some insights. Recently, the stock has experienced a downturn, declining...
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Anticipating a Strong Seller's Market in 2026Alejandro Trujillo, a prominent figure at RE/MAX Premier, has voiced his expectations for the real estate landscape in 2026, predicting a robust seller`s market. With the median home price in the...
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Weekly Real Estate Transactions in Dawson County: December UpdateLEXINGTON - The Dawson County Register of Deeds has published the latest real estate transactions for the week of December 19. This week’s report highlights a variety of property transfers that...