Your homeowner's association community is more than just a neighborhood. In many ways, it’s a lot like a business. Collectively, the regular assessments that each homeowner pays amounts to tens of thousands of dollars that need to be budgeted carefully and spent wisely.
There are many responsibilities that board members take on when they volunteer for the Board. This should never be taken lightly or be forgotten.
Here are a few basic responsibilities that an HOA board member is accountable for when serving on your association's board:
The board’s decisions can have a significant impact on your community’s appearance and, consequently, on the property values within the association. Regardless of the board's professional manager, the board ultimately is responsible for overseeing association operations.
Be sure to communicate with other HOA board members regularly, observe board meetings, attend annual meetings to elect other responsible board members, and to participate in the conversations about significant community issues. A member who is an active participant, and not just an observer in their homeowner’s association, is beneficial to all within the community.
Ultimately, the board is responsible to enhance, maintain and protect the homeowner's association. There are many moving pieces and parts involved that, with the help of a manager, can seem much less overwhelming and much more manageable.