When a homeowners association (HOA) is established, there are essential documents that need to be ratified, including the bylaws. The bylaws determine how the HOA should be governed and generally cover these matters:
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Responsibilities of board members: An HOA is run by a board of directors. The board is responsible for ensuring the community is compliant with federal, state, and local laws, repair and maintenance of common areas, management of budgets and assessments, adoption and enforcement of restrictions and rules, among many others. The details of the board’s duties are written in the bylaws.
Election procedures of board members: Who the board of directors would be fall in the hands of the homeowners. They are given the rights to elect the board members, the detailed information of which are listed in the bylaws. How long the board members’ terms would be, how many the members are, and how elections are conducted are also governed by the bylaws.
Handling of meetings: Communication is key to creating a great neighborhood where homeowners can feel welcome and enjoy living together. To achieve this, scheduling meetings is necessary. Bylaws determine how frequent board members and homeowners should get together, as well as how these meetings are conducted. Since not everyone is expected to be able to attend, bylaws should also determine quorum requirements, especially when there are significant decisions that have to be made.
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