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Force condo associations to publish financial reports. If financial
and administrative documents are not provided as required, those
responsible for distributing the documents could face criminal charges
that range from a misdemeanor to a third degree felony if the documents
are withheld to cover up a crime.
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Establish an eight-year term limit for members of board of directors.
“How many times have we heard that the same people are president and
vice president, and they just exchange the positions,” said Garcia. But
members could stay more than eight years if they win a super majority
vote. |
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Establish penalties for electoral fraud, which includes the
falsification of signatures on ballots, and punishments for those who
are not owners but vote or those who “disappear” ballots. |
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Clarify the definition of conflicts of interests to prohibit condo
directors from being hired to provide services to their condos and from
hiring relatives. Currently, board members can be hired to provide
services such as cleaning, painting and repairs as long as they
disclose the conflict to the other board members. |