In some communities, homeowners have very little responsibility while others have more duties than your average homeowner. That’s why you should know the ins and outs about your maintenance responsibility in an HOA before buying your house!
Community amenities like swimming pools, tennis courts, fitness centers, and playgrounds are often funded through HOA fees. These popular features make living in the community more enjoyable for most. As a condo association member, it is one of the things you will have access to. Part of your...
HOA board members are given the authority to fulfill their duties and responsibilities. In exchange, they accept a fiduciary duty on behalf of the homeowners. As fiduciaries, board members have a legal duty to promote the wellbeing of the association, make sound and informed decisions, and act...
As part of their administrative duties, HOA management companies frequently maintain and organize paperwork, particularly paperwork that pertains to board meetings and events. If a board member has a question about a previous meeting and what was said in it, they may petition the management company...
community. And it carries a lot of responsibilities—including legal responsibilities. The biggest of these is to fulfill the fiduciary duties you're required to meet as you carry out your role as president, secretary, treasurer, a vice president, or a director at large. Why is this so ...
Review your Bylaws for such duties or adopt a job description for each officer and Board member. Before you hold a Board member/officer accountable for their respective roles, you need to clearly define what is expected of each person and position. 3. Before the end of each year and ...
We have met with her several times and have had a detailed walk through so that we are all clear on each others expectations and duties. If you need assistance with anything, please don't hesitate to reach out to Angelica or the Board. Angelica can be reached at angelica@advanced...
With AppFolio's HOA management software you can confidently lead your community and complete all of your association duties from anywhere, on any device, so you can: Stay in the loop on decisions and carry out approvals for invoices, contracting bids, general items, and sign checks from their...
If a board member stands to gain personally in any way through their position—say through their business getting the building’s plumbing contract—not only would that need to be disclosed to every association member or shareholder (at least in New York as of January 1, 2018, when Business ...