Can the condominium association pay a Board member for their services as a Board member?


«RETURN TO VIDEO FAQS

Transcript

In most condominium associations, the governing documents provide that a condominium association cannot pay an officer or director of the association. There are sometimes exceptions, where the property is a commercial condominium, but generally in a residential condominium, the officers and directors who are the members of the association are not compensated for their services.

0