Is it a Conflict of Interest if a Condo Association (HOA) Board Member is Also a Realtor Representing People in the Complex?


Note: The DearEsq free 'ask a lawyer' site is offered as a free informational service to the public and is not intended as legal advice. Laws vary from state-to-state, and in addition every situation is unique, and relevant facts may not be known. The answer to the question posed below may not apply to in your state or to your situation. For legal advice in your state and your situation you should consult with an attorney in your state who is familiar with the rules and laws in your state.

“Have any laws been broken when a condo association board member is also a realtor representing sellers in that complex, and having those units that are for sale (specifically those units represented by this person) reshingled etc. before other units in the complex which were ahead on the list? Making these units that are represented by the board member more attractive to potential buyers at the expense of the residents (an assessment) is resulting in this board member profiting (real estate commission) from this person’s own influence.”

Question: Good question. I’m not sure of the answer, but the board that licenses real estate agents in your state may be able to tell you-and might be interested in pursuing the matter themselves if there is a violation.