Board responsibilities

Board Responsibilities in a Homeowner Association

In a homeowner association (HOA), the board of directors carries significant responsibilities. They act as the governing body, managing the community’s affairs and ensuring the association functions smoothly. The board responsibilities may vary depending on the HOA’s bylaws, but there are common duties that apply to most associations.

Property Management

The board oversees the maintenance and management of common areas. This includes everything from landscaping to repairing shared facilities like pools, playgrounds, and clubhouses. They also manage contracts with vendors and service providers.

Rule Enforcement

One of the board’s major roles is enforcing the HOA’s rules and regulations. They must ensure homeowners comply with these rules, and handle any violations in a fair and consistent manner.

Fiscal Management

The board is responsible for the HOA’s financial health. They set annual budgets, manage expenses, collect homeowner dues, and oversee the reserve fund for major repairs or improvements.

Legal Compliance

The board must ensure the HOA complies with state and local laws, as well as its own governing documents. They may also handle legal disputes, often with the assistance of a legal counsel.

Communication

Effective communication with homeowners is a key responsibility. The board should keep homeowners informed about the HOA’s financial status, upcoming projects, rule changes, and other important matters.