One of the first steps in making a difference is becoming involved in your community. Because association living is the most noticeable and accessible to most homeowners today, this community involvement will often begin with your association. So how do you become involved in your community? One way to become involved in your association is […]
Tag: Board
You Can Make a Difference!
Driving to and from your garage and merely existing in an association is not the only option. Living within an association provides you with many opportunities to become involved in your community. Assuming you meet any qualifications which exist within the documents, one of the best ways to be involved in your community is to […]
Ultimately the Buck Stops with the Board
The buck stops with the board of directors. When you strip out all of the politics and the neighbor issues and everything else, in your association you realize that ultimately the buck stops with the board. The board is elected by the members to accomplish the tasks required of the corporation by the governing documents. […]
HOA Board Function: Keep Owners Informed
One of the main complaints of owners in HOAs is lack of communication by the association. For example, owners who are not kept well informed will balk when it becomes necessary to raise additional funds. Even if the board has discussed the need for these funds at its previous ten board meetings, owners who did […]
HOA Board Function: Maintain Common Area
Another main function of the board is to maintain common area within an association. Common area may include greenbelts, floral landscape, open space areas, recreational facilities and streets. The funds for maintaining these areas are generated through collection of assessments. The decision on how this maintenance is performed is left up to the board. The […]
HOA Board Function: Protect Assets
Part of a board member’s fiduciary obligation is to protect the assets of the association. In addition to money in the bank, these community assets may include tennis courts, golf courses, pools, tot lots, utility rooms or other recreational areas within the association. Often these assets are valued in the millions of dollars. In attempting […]