In this 60 minute discussion, Pat will provide insight on:
- Why condo boards are in dire need of a governance lesson;
- Common challenges faced by condo boards, and best practices for mitigating and/or minimizing these issues;
- Structures and policies that need to be put in place in order to effectively govern;
- Sought-after skills for board members and tips on the recruiting process
Pat Crosscombe is the Founder & CEO, BoardSpace. She is also a past President of her condominium board of directors and was responsible for governing an 87-unit townhouse condominium that had previously been a rental property. During Pat’s five-year term on the board, she faced what seems like every possible challenge known to condominiums: lawsuits, mediation, title insurance subrogated claims, declarant misbehavior, owner challenges, dog issues, special assessments, new bylaws, special engineering studies, reserve fund studies, fire code violations requiring a court appearance, overseeing a tender for very large roofing projects, water and sewage infiltration in basements, and much more. This extraordinary experience as a director required that Pat take every opportunity to learn more about condo management and governance in order to keep with the challenges.
Pat is passionate about improving governance and sharing her experience with others. She believes that if owners and directors had better information and knowledge about condominiums and what it really means, many problems could have prevented and would result in owners achieving the worry-free lifestyle promised.