HOA Management Blog
As an HOA Board member you may be faced with the task of having to make the decision to foreclose on homes in your association. We’ve all been challenged by the financial climate these last few years and it is going to take some time to bounce back. Therefore, HOA foreclosures are inevitable.
Did you know that in most associations the HOA Rules & Regulations aren’t considered part of the governing documents? This means that an HOA board can decide to adopt new rules as it goes and the rules don’t have to go through an amendment process like changes to governing documents do. However, if a Board is planning on revising the HOA Rules & Regulations there are some questions they should consider before doing so.
If the Board is responsible for the homeowners association, who's responsible for the Board?
If you’re a new Board Member for your homeowners association, or you’re considering whether or not to become one, it’s important to understand how an HOA is governed, and who the Board is accountable to. A well-governed HOA will not only know what entity has the governing authority over another, but will also listen to feedback from the residents in the association when it comes to how the association is being run.
