Under the Condominium Property Act (CPA), board members must: Avoid conflicts of interest by disclosing any conflicts of interest to the board Not vote on matters relating to any conflicts of interest A conflict of interest occurs when a board member has a substantial interest in an agreement, arrangement, or transaction in which the condominium corporation is or will become a party to. For example, a conflict of interest would occur if a board member owns a property management company and the condominium corporation is thinking of hiring the company. In this type of situation, the board member must disclose their interest in the company to the other board members. The board member also cannot vote on that matter.