3 Top HOA Board Member Responsibilities
Have you ever wondered what the top HOA board member responsibilities are? If so, you’re not alone. Many homeowners often question what their board members are doing to make their community better.
Today, AR Management is here to provide guidance into an HOA board member’s principal duties and responsibilities.
1. Perform Specific Roles
An HOA board is a group of people who ensure their community association operates efficiently. Each board member is given a specific role to oversee and complete. Typically, there are four roles on a board: President, Vice President, Treasurer, and Secretary.
The President oversees board meetings and establishes the agenda. They are considered the board’s executive officer and must display strong leadership skills.
The Vice President supports the President in their day-to-day duties and will step into their role in their absence.
The Treasurer is responsible for an HOA’s financials. They’ll develop and monitor budgets and reserves as well as ensure the association remains in good financial standing. At meetings, they’ll present financial reports and go over them with the board and members.
The Secretary oversees the management of official HOA documents, provides notices, records meeting minutes, and updates records.
2. Knowledgeable About Governing Documents
One of the most essential HOA board member responsibilities is knowing and understanding its community’s governing documents. These documents are the foundation of the association and establish how it operates. Board members can review the documents to determine accountability and responsibility for every process in the community.
The governing documents are comprised of many different sections, including:
- HOA Bylaws
- Articles of Incorporation
- State, Federal, and Local Laws
- Rules and Regulations
- Declaration of Covenants, Conditions, and Restrictions
Each section provides insight into what actions and processes are required to be performed in the community. The documents will have rules that homeowners must abide by and regulations board members must follow.
3. Make Decisions for the Community
Overall, the HOA board’s biggest responsibility is making decisions for their association. These decisions must always put the community and be in its best interest. Board members must set aside their personal interests and focus on what their community collectively wants. Each member should remember that they cannot make decisions outside their authority.
When boards decide to make a change, it will be voted on. This allows homeowners and board members to participate and be involved in the decisions that impact their community.
Professional Management Services for Community Associations
AR Management works closely with the HOA Board to ensure their goals are achieved and homeowner lifestyles are maximized. We provide training to newly elected board members to help make their transition into their elected positions easier. Contact us today to schedule a consultation online or call us at 973-398-6609.