Trust, But Verify: Liabilities of Nonprofit Board of Directors in Missouri

by David P. Weiss | Jul 28, 2014 | Corporate Law, Homeowner Associations

Unpaid directors, officers and volunteers of a Missouri nonprofit corporation enjoy immunity from certain acts other than those that are intentional or reckless. However, that immunity works only with regard to tort liability, not statutory liability that is imposed...

Here’s a Riddle: What Takes More Than a Minute, But Less Than a Minute to Lose?

by David P. Weiss | Jul 23, 2014 | Corporate Law, Homeowner Associations

Why, it’s your homeowner’s association, condominium or subdivision minutes! Unlike earlier articles we have written about the necessity to memorialize and document actions taken by condominium and subdivision boards and their constituent members, there is...

Homeowner and Condominium Records: An Owner’s Rights to Review

by e-LawLines | Apr 29, 2014 | Homeowner Associations, Real Estate Law

Most active subdivision and condominium associations in Missouri are nonprofit corporations. Those associations are created and empowered, under their respective indentures and declarations, to enforce the covenants, terms and conditions applicable to their...

“Too Late,” Appeals Court Tells Condo Owners Association

by e-LawLines | Jan 8, 2014 | Homeowner Associations, Litigation, Real Estate Law

The Missouri Court of Appeals has upheld the dismissal of a lawsuit brought by a condominium owners association against its former president on grounds that the claim was untimely and barred by the statute of limitations. Back in 2001, a former president informed the...

Subdivision Can’t Have It Both Ways

by David P. Weiss | Jul 23, 2013 | Corporate Law, Homeowner Associations, Real Estate Law

A recent decision by the Missouri Court of Appeals addresses the tricky situation where a subdivision, unable to supply an amenity in sufficient quantity and quality to all of the lot owners, makes construction of new homes expressly conditioned on those lot owners...

The Surprise Partner in Financing Your New Condominium Home: The Condominium Association

by David P. Weiss | May 21, 2013 | Homeowner Associations, Real Estate Law

With the recent upswing in the housing market after enduring more than five years of the Great Recession, home buyers looking to buy a condominium have more than the size of their down payment and credit score to worry about. The condominium project and its...