I don't agree that this is so obviously a home equity loan. Further, the previous board approved the loan. The shareholder was entitled to rely on the approval by the previous board. It looks to me like the new board doesn't like this shareholder and wants her out. As a practical matter, unless this shareholder falls behind in her maintenance payments or other financial obligations, I doubt that the Board can succeed in terminating her proprietary lease or evicting her. And why would the Board want to do so?