Strata Management Licensing Practice Exam · Question
A strata council member discovers a conflict of interest in a decision before the council. What should they do?
Strata council members have a fiduciary duty to act in the best interest of the strata corporation. If a conflict of interest arises, they must declare it and r
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Question: A strata council member discovers a conflict of interest in a decision before the council. What should they do?
Answer options: ✅ Declare the conflict and recuse themselves from discussion and voting on the matter
- Vote on the matter if their vote is necessary to reach a majority
- Keep the conflict private as it is a personal matter
- Publicly endorse the option that benefits them most
Correct answer: Declare the conflict and recuse themselves from discussion and voting on the matter
Explanation: Strata council members have a fiduciary duty to act in the best interest of the strata corporation. If a conflict of interest arises, they must declare it and recuse themselves from discussion and voting on that particular matter.
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