|
Why You Should Run For Election
to the Board of Directors of Your HOA
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.
|