What Your Association Board Does for You

As a recognized homeowners association, your community has an association board to help your HOA run smoothly. The board is made up of volunteers who execute a wide variety of tasks many of you may not be aware of; however, their work affects every single resident.

One of the most important things the board does is to create and enforce the association rules. While some residents may not like being told what they can and can’t do, ultimately the board is looking out for the greater good. By enforcing the rules, the board is doing its best to keep property value up and conflicts down. Of course, the board wants to make sure the rules are beneficial for the majority—and hopefully all residents—and members of the HOA are welcome to bring up their comments and concerns about the rules at open board meetings.

Another major responsibility of the board is to collect assessments from the residents. Collecting this money is important for the stability of the association, because the assessments pay for the common elements that the association provides for all residents and help to replenish the reserve funds, which pay for any major repairs the association may need. The board is responsible for the association’s finances, and collecting assessments is how the board ensures that the association remains solvent.

Finally, the board acts on behalf of the association by hiring managers, attorneys, contractors, and other professionals who help better the association. Board members also help conceive and lead many of the projects that will improve the HOA.

While it’s a big job, board members are happy to serve the residents and make the community a great place to call home. So why not learn more about what these volunteers do by talking to your board members, attending an open board meeting, or even running for a seat on the board during their next election? The more people you have looking out for your association, the stronger it will be.

via hoamanagement.com