Minority directors
In theory the board, consisting of five volunteer-owners, works as a
team meeting once a month to review the manager's performance, check
the financial statements, deal with current issues and plan future
expenditures.
Issues are raised at the board meetings, are debated and are voted on
once everyone has their say. If there is disagreement on an issue, the
decision may be put off until the next meeting so more information can
be collected.
Having five equal decision-makers is suppose to give the board the
checks and balances it requires to make sound decisions.
Reality can be far, far different.
A rogue director
There
are ghastly people who get elected to condo boards and they really are
a fright. No doubt boards would be far better off if they could be
dumped.
Perhaps a director wants the corporation to hire her relatives or
friends. Perhaps she wants to roll back the condo
fees and doesn't want to maintain the building or adequately fund the
reserves. Perhaps he just likes to argue and be obstinate.
This director may tell other owners which units are in arrears, may
boss the cleaners around or may yell and swear during the board
meetings.
In these
cases, the majority has good cause to be alarmed.
It should be obvious that I am not sticking up for these kind of rogues.
However, it is just as likely that the new directors have legitimate
concerns on how the corporation has been managed. It is these minority
directors that I am concerned about.
Split on the
board
From time to time, one or two new directors may be elected to the
board. If one or both of them questions motions, or want changes, the
majority may resist.
The new board members may want to see the financial records and the
contracts that the condo has entered into with suppliers and
contractors. They may also want to see the board meeting minutes where
the important decisions were made. They may want three quotes before
awarding contracts.
This may not go over well with the majority of directors and the
property manager.
The majority
rules
The power resides with the simple majority on the board, usually three
out of five board members. The three can simply out-vote the other two
directors and have their way. However, constantly having to
justify decisions or listening to different opinions can get tiring.
How decisions
get made
If the majority is questioned too much at the board meetings, they will
meet with the manager, either in person or more likely by e-mail, and decide how they will vote ahead of the board
meetings. Then they used the full board to ratify decisions that they
already made.
In some condos, the majority of the directors hold board meetings
without inviting the dissident directors. The dissidents hear about the
decisions later, after they have been implemented.
Relations get
toxic
Either the minority gives up battling with the majority and starts
"going with the flow", they stay silent during the meetings, they
resign their positions or the board meetings start getting toxic.
If a "rogue" director continues to dig for information, she may be
accused of interfering with management. There have been incidents where
a director has been barred from the management office under threat of
being charged with trespassing and of the president refusing to allow a
director to examine the corporation's records.
Keeping the
dissidents in line
The boards can use a confidentiality
agreement
to keep the owners from learning that there is a rift in the board and
to prevent the minority directors from telling the owners what the
board is up to.
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