|
Why You Should Run For Election to the
Board of Directors of Your HOA
Home Page
Some homeowners run for their board for the wrong reasons. Some homeowners
run for their board for the right reasons. One thing is certain - If you are
elected to your board, you will share the power to make decisions about what
is probably your largest asset - your home.
Board members have many
powers. Boards:
| • |
Decide how assessment income of the
association will be spent. The money can be spent wisely, or it can
be wasted |
| |
|
| • |
Determine who will be hired to perform:
|
| • |
Property management services |
| |
|
| • |
Landscape maintenance |
| |
|
| • |
Building maintenance |
| |
|
| • |
Cleaning |
| |
|
| • |
Legal Services |
| |
|
| • |
Tax returns, reviews and audits |
|
|
| • |
Establish the agendas for each meeting |
| |
|
| • |
Are responsible for the
accuracy of meeting minutes |
| |
|
| • |
Schedule elections and make certain they are
conducted fairly and in accordance with California law |
| |
|
| • |
Establish necessary operating rules |
| |
|
| • |
Select and work with the association's
attorney to minimize delinquent assessments |
| |
|
| • |
Approve or reject architectural improvement
applications |
| |
|
| • |
Are responsible for CC&R and Rules
enforcement |
| |
|
| • |
Are responsible for HOA legal compliance |
| |
|
| • |
Are responsible for holding and conducting
meetings in accordance with California law |
| |
|
| • |
Are responsible for budgeting and obtaining
Reserve Studies so that adequate reserves are developed and special
assessments avoided. |
If you are elected to your association's board, you will participate in all
important decisions. If you are not on the board, you will not be in a
position to participate in the important decisions affecting the value of
your home and how your money will be spent.
Call us for a no cost initial consultation regarding any legal matter.
|