Got asked the other day about Home Owner Associations (HOA’s).
Question; The question was; what happens when a HOA Board of Directors throw out or ignore a decision voted upon by the membership at an annual meeting.
Answer; If the vote taken was on an issue that required membership approval/vote, the BOD must follow the decision. If the issue was one that is more of an opinion of the membership, the BOD can do with that vote as they see fit. Course, they run the risk of upsetting the majority membership, and typically it is considered a poor course to take. A “good” property manager will advise the BOD of this.
Got condo, home ownership questions? Please email or twitter them to me at the links provided. And you can always go to my blog and leave a comment with your question.
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