Checks were sent out and to recap here is how the process progressed:
Management company pushes board towards control of rental property
Board decides on illegal extra charges for landlords
Landlords group points out the inconsistency with the covenants
Board members and group argue for 10 months due to disagreement
Landlords warn of pending law suit
Management company realizes they bit off to much to chew.
Management company account manager gets fired due to lack of ability
Landlords takes Riverview to court and wins law suit.
Board pays non-compensated board member using association funds
Law suit indicates other possible illegal activities.
Board members return funds to landlords equating to illegal charges.
Board members learn a lesson? Maybe.
Board members realize they have zero power over the covenants and must abide by the covenants
Some board members retire based on too much stress
Board starts slow process of learning to communicate and extinguishing the power trip
Management company showing signs of weakness
Management company gets a little more aggressive towards board and starts directing them
See everyone at the next meeting.
