Buffalo condominium and homeowner association boards follow NY Real Property Law Article 9-B (Condominium Act) and Not-For-Profit Corporation Law. Boards must hold annual meetings, allow owner inspection of records, and follow the declaration and bylaws for voting procedures.
HOA and condo boards in Buffalo operate under NY Real Property Law 339 (Condominium Act) for condominiums and NY Not-For-Profit Corporation Law for most HOAs. Required procedures: annual meeting with notice 10-50 days in advance; quorum per bylaws (typically majority); board elections by unit owners; minutes recorded and accessible; financial records available for inspection upon owner request (NY NPCL 621); proxy voting allowed if bylaws permit. Fiduciary duties apply to all board members (duty of care, loyalty, obedience). Open meetings are not required under NY law but many declarations require them. Boards cannot act outside authority granted by declaration and bylaws. NY Business Corporation Law may apply to condominium boards organized as business corporations.
Failure to hold annual meeting: owners can petition court for order compelling meeting. Breach of fiduciary duty: personal liability for directors.
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Buffalo, NY
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Buffalo, NY
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