Late last week, I began posting a series of blog entries focusing on the traits that make a director highly effective in participating in the governance of their homeowners’ association (“HOA”).
As a reminder, here is the first trait:
Trait #1: It’s all about the HOA and not about their personal agenda.
A highly effective director understands that he/she has a fiduciary duty to act in the best interests of the association as a whole and is able to put aside his or her personal interests or agenda on any given issue. A high effective director is also able to put the interests of the association ahead of the interests of neighbors or friends.
A second, and equally important trait, focuses on the importance of being familiar with and utilizing the governing documents of the HOA.Continue Reading Highly Effective HOA Directors: Trait #2