Q: I am on my HOA’s board of directors. From time to time HOA members request HOA information, and I know under N.C. laws that nonprofit corporations must maintain certain records and make them available for inspection by HOA members. Do executed contracts between the HOA and vendors fall under this right to inspection? I am all for openness and transparency in HOA affairs, but I also have a duty to properly manage the affairs of the HOA. I want to be sure before allowing a member to inspect a contract.
Just the mention of meeting minutes can make eyes roll and faces grimace. But it doesn’t need to be that way. If you learn a few simple steps, you’ll be able to produce professional minutes in less time and with a lot less frustration.
A board’s reluctance to contact an attorney could be a risk not worth taking.
A Fort Lauderdale condominium association paid $100,000.00 to settle a lawsuit after an attorney-board member who wasn’t licensed in Florida wrongly insisted how overdue assessments should be collected.
Board members of a California condominium association didn’t consult...
Being a member of your homeowner association’s board of directors isn’t always straightforward, serious business. Boards get thrown funny curveballs, too. Here, board owners and our HOA experts tell us the most unusual, crazy situations they’ve faced with owners and how they resolved them.