9:00AM Key Legal Precedents for Co-op & Condos

 Some legal decisions so significantly influence board procedures in cooperatives and condominiums that they have become an essential part of the ready resources of attorneys and other advisors. The holdings, and their progeny, are often invoked to help keep runaway boards or difficult owners in check. Attorney Dale Degenshein will familiarize participants with such important classics as Pullman, Weisner, Levandusky, Demchick, Biondi and more, and will discuss how those decisions can inform decisions to be made by boards and owners

Speaker:
Dale Degenshein, Partner, Fox Rothschild

9:00AM Board Concerns RE: Trust Ownership

Board members and managing agents will appreciate this discussion by Peter Massa, Esq. of concerns the board should address when an owner seeks to transfer a unit to (or purchase it by) a trust or other entity. What are the risks? What restrictions might the board consider imposing? What is the typical procedure a board should follow when an individual desires to transfer his or her apartment to a trust? Sample forms of agreement will be provided and discussed.

Speaker:
Peter R. Massa, Partner, Fox Rothschild

10:45AM Best Practices for Co-op & Condo Boards

How do the best and most efficient boards run their buildings? Coordinate with management? Conduct their meetings? Oversee the well-being of their community? What are the essential documents that every board member should understand? When and how are professional advisors best used? Join attorney Andrew Brucker, property management consultant Michael Rogoff and accountant Rick Montanye for a discussion of best practices for efficient, effective leadership of your cooperative or condominium.

Speaker:
Andrew P. Brucker, Partner, Fox Rothschild
Michael Wolfe, Property Management Consultant and Chair of Resident Management Council, Real Estate Board of New York
Rick Montanye, Accountant, Marin & Montanye

2:30PM Keeping Residents Informed

In today’s information-focused world, shareholders and unit owners expect to be kept informed and to have procedures for quickly bringing their questions to the attention of building staff, management and board members and getting answers. Covid underscored the need for clear communications and for employing multiple ways to deliver messages to try to keep everyone well informed. Communications professional Lloyd Chrein, attorney Julie Schechter and property management company principal Mark Levine will present ways to maintain open and effective lines of communication, including written communications, social media and on-site communication techniques. They will consider possible uses of Artificial Intelligence (including ChatGPT and other available tools) for use in communication and research.

Speakers:
Lloyd Chrein, Communications Professional, Chrein and Earth Hero
Julie Schechter, Partner, Fox Rothschild

Please note there is a cost to attend. CLE credits are available.