There has consistently been much confusion in the industry as to owners’ rights when it comes to board meetings. Specifically, many boards tend to get confused when it comes to owners’ rights of attendance and participation during board meetings. After all, these meetings are how association business gets transacted, and boards believe there is noGo to Resource
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Effective Use of Committees
Service as a board member in a community association can be time-consuming and exhausting. Many board members shoulder burdens for informational review and factual investigation, which prevent them from spending necessary time on overall policy development, governance, and fiscal and operational management. When properly structured and utilized, committees are a valuable tool for boards ofGo to Resource
Insurance is a necessary component of proper community association governance and risk management. All community associations are vulnerable to the loss of property and finances. Board members have a fiduciary duty to protect association assets. The association’s insurance program is a key component for asset protection. How can a board of directors determine the particularGo to Resource
Directors and Officers – Powers, Duties and Qualifications
“Community Association” is the generic term for communities that are created pursuant to recorded covenants or other documents that create an association of the unit or homeowners. The term community association includes condominiums, homeowner associations, and housing cooperatives. These are typically organized as non-profit corporations, which are operated by a board of directors elected byGo to Resource
How To Get Out of a Contract
Asking an attorney how to get out of a contract you have signed is a bit like asking Houdini how he escapes chains and locks. Well, not exactly. Often, clients come to us shortly after entering into a contract or midway through a contract when things start to deteriorate. Sometimes we can help; sometimes weGo to Resource