Condo and co-op boards are subject to the standards of the business judgment rule.
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Q40: State laws governing homeowner associations have increased
Q41: Bylaws are the deed restrictions for a
Q42: Most states place limitations on association foreclosures
Q43: An amendment to the bylaws is invalid
Q44: HOAs must take reasonable precautions for security
Q46: Condo and co-op board members have immunity
Q47: A co-op owner cannot be removed from
Q48: Multi-unit housing associations do not have a
Q49: Associations can recover from developers for defects
Q50: The penalty for the failure to obtain
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