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The HOA president is the CEO of the not-for-profit corporation, with all of the general powers and duties normally associated with that role. HOA Q&A: Can an Association president make decisions ...
The corporate entity acts via its Board of Directors, and the Board of Directors acts via a vote at a Board meeting. As such, the acts of the association are those that are approved by the Board ...
Once notified by a homeowner, attorney or other government official that an HOA organization is not meeting the state's statutes, the board has the responsibility to correct their governance. Certain states, such as Texas , permit misdemeanor charges to be filed against a non-compliant board and permit lawsuits to be filed against the board and ...
In some association meeting transcriptions there's discrepancies between the minutes and what actually happened, but the recordings have been deleted
Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1]
Neighborhood associations are more likely to be formed in older, established neighborhoods, especially those that predate HOAs. HOAs are generally established at the time a residential neighborhood is built and sold. Sometimes older established neighborhoods form an HOA to help regulate rules and standards.
An annual general meeting (AGM, also known as the annual meeting) is a meeting of the general membership of an organization. These organizations include membership associations and companies with shareholders. These meetings may be required by law or by the constitution, charter, or by-laws governing the body. The meetings are held to conduct ...
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