What is HOA orientation?

Receive a Detailed Tour of the Community An HOA orientation often includes a detailed tour of the community so you become familiar with important amenities such as hiking trails, gyms, business centers, pools, clubhouses, and more.

What are HOA CIC documents?

CIC Documents They provide the buyer with the financial status of the HOA, meeting minutes, declarations, by-laws, rules and regulations, etc., from the homeowner’s association. Some associations will provide these free of charge to the Seller directly; while other HOAs will charge for them.

What is an HOA organizational meeting?

Organizational Meeting. An “organizational meeting” usually occurs immediately after the election of directors at the annual meeting and is listed on the annual meeting agenda. It gives new directors an opportunity to elect officers. An organizational meeting is an open meeting.

What are the official documents of a homeowners association?

LIST OF HOMEOWNERS ASSOCIATIONS OFFICIAL documents. All documents provided by the developer, such as community maps, plats, plans, land surveys, permits. Recorded Declaration of Covenants, Conditions and Restrictions (CC&Rs), Articles of Incorporation, Bylaws and any amendments.

What are the rules and procedures of a Hoa?

The association’s Bylaws set forth rules and procedures for how the HOA will function. These include details regarding the election of the board of directors, voting procedures, quorum requirements, term limits, and other details of how the HOA will be run.

Do you have right to copy homeowners association documents?

Members of homeowners’ associations have the right to review and copy the association’s documents also known as the “official records” after written request. The right to examine the association’s documents stems from the contractual provisions of the association’s governing documents and state laws.

Why do you need to disclose Hoa documents when buying a home?

This is why the HOA disclosure documents notify the buyer (and the title company) that your home has outstanding debt owed to the HOA—because the new homeowner could potentially be liable for your old debt. Who is responsible for obtaining the HOA disclosure documents and how much does it cost?

What are the rules of a Hoa Association?

Simply put, HOA rules are rules that members of an HOA community must follow. These rules exist to regulate members’ behavior within the association. Some people use HOA rules and HOA covenants interchangeably. You can find HOA covenants within your association’s Covenants, Conditions, & Restrictions (CC&Rs).

What is the procedure for a HOA board?

Policy: HOA reimburses Directors for reasonable expenses while acting on HOA business. Procedure: General a) Expenses submitted should be reasonable and appropriate, and personally incurred in relation to fulfilling the Director responsibilities while on the Board.

What is Hoa orientation?

Can a president of a condo association be a director?

“The president who’s a board member has the same vote on board actions as any other director,” she explains. “Every director has a fiduciary obligation to the association, and the president who’s also a director should generally vote on all matters before the board unless the president has a conflict of interest on an individual voting item.

Who are the members of the condo board?

Elected officers of the condo board consist of the president, vice president, secretary and treasurer, as well as a member at large. The president runs the meetings, is in charge of day-to-day business and signs all contracts.

When do you become a member of a condominium association?

All unit owners automatically become members of a condominium association upon purchasing a unit. Membership rights include the right to vote in elections for board members. The board of directors consists of a defined number of elected members (usually specified in the bylaws) and carries out the association’s obligations on its behalf.

Can a condo board of directors be removed?

A corporation can remove a board member by ordinary resolution and appoint another person in that member’s place for the remainder of the term. Check your registered bylaws for further guidance or restrictions. For example, some bylaws will allow condo board members to be re-elected and serve consecutive terms.

Can a president of a condo board set goals?

“They should be treated like any other board member, and it also means they don’t have special powers in terms of setting goals and leadership initiatives. Usually that happens because there’s an overzealous board member—it doesn’t have to be the president—who’s trying to go around acting like the rules enforcer.