Fiduciary Responsibility of Association Directors
The law of fiduciary responsibility can be viewed as having two purposes. The first is moral or educational in nature. The law sets a standard for appropriate conduct of association […]
Beginner’s Guide to HOA Boards of Directors Duties and Responsibilities
Many new board members want an introductory guide that states in one place what are their duties and by what authority do they operate. This article discusses general concepts and […]
What Does it Mean for a Board Member to be a Fiduciary?
Published in the ECHO Journal, October 2008 Most board members for community associations understand that they owe a “fiduciary duty” to the homeowner members of their association. But what exactly […]
Court Whacks Directors
Published in the ECHO Journal, November 2008 With a $500,000 Attorney Fee Award! This actually happened in Ritter & Ritter v Churchill Condominium Association (decided August 21, 2008). The case […]
Ethics Code for HOA Board Members
Ethical issues occur in everyday administration, management and governance of any homeowners association. In order to navigate these complex ethical dilemmas, HOA board members first need to be able to identify problems of […]
Making Ends Meet: Fiduciary Duty on a Limited Budget
It wasn’t so long ago that delinquencies were up, assessment payments were down and the bad economy strained the many aspects of homeowner association operations. The only thing that didn’t […]
How to be a Savvy Board Member
The board is a team of volunteers who have decided, for whatever reason, that they want to be a part of the decision-making process for their community. Serving on the […]
