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Legal Ease
Legal Ease, Lawyer
Category: Canada Business Law
Satisfied Customers: 96487
Experience:  I am a practicing lawyer and have also been an online professional for 5 years.
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I live in condo townhouse development of 19units. The

Customer Question

I live in condo townhouse development of 19units. The property manager is calling the shots. Presently he is the only one to sign cheques and if a board member is added our maintenance fee will go up.
He also wants to do away with an audit because if we don't our fees will go up as well. He has total control
What can we do?
Submitted: 9 months ago.
Category: Canada Business Law
Expert:  Legal Ease replied 9 months ago.

Are you on the board?

Customer: replied 9 months ago.
I was and resigned because after a short time I did not like what I was observing. I let them know about the two signatures, but the board said nothing!
Customer: replied 9 months ago.
I can't get any answers and have already paid!!
Customer: replied 9 months ago.
Where is my answer to am I on the board??
Expert:  Legal Ease replied 9 months ago.

The situation sounds very odd and troubling.

The property manager is employed by the board. The property manager does not have any authority except that which is delegated to the property manager by the board.

If the property manager is out of control then the property manager should be fired. It is not acceptable for the board to delegate some powers to the property manager and one power relates to money. You are completely correct that two signatures must be used at all times for all cheques.

The property manager has been allowed to call the shots and this is not acceptable because the board owes the owners a duty of care and the board cannot allow a property manager to make decisions that can hurt the owners.

Does that answer your question?

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