Can seller of condo's be on the HOA board of directors?
We enjoy just about 60 condo's contained by our community and 18 are unsold. Right presently we own 5 spots on the board and solitary 2 are homeowners, myself included. Is it official for the seller to be on the board especially when they enjoy over 50% of the votes? They hold told us that they are on the board because they want to protect their investment until adjectives of the unit are sold. I touch extremely humiliated near the power that they hold and quality similar to they are going to rob dominance of us. I only don't know how to walk almost replacing one of them minus uprooting the entire board of directors. Please support near any warning!
Answers:
You hold a lawful concern but whether or not they can be on the board depends on the rules of the hoa. Go check the bylaws and see but since they are on the board I suspect the bylaws allow this. Still you could check. You also may want to try to attain some other part owners to run subsequent time a board position open up - be TRUE nice if at lowest possible 3 of the 5 be actual owners (good luck getting any restictions on renting passed beside things the bearing they are now).
If you read your CC&R's you will see that it is permissible. When a hoa is set up the seller want to carry on control until in attendance is a majority of homeowners. That is the simply channel they can formulate sure the project standards are kept up until they get rid of adjectives their unit.
the answer is
AHHHHHHHHHHHHHHHH YES!
Read your homeowner's rules! For the most module they rule unless it is against state canon. What happen to the form if they do deal in? New elections? That might attain you where on earth you want to be. Backup spaces will be adjectives becasue you might want them to attend the meeting and see how things work sot hey can cogitate going on for what's best for the community and what may ensue is at the subsequent see those fickle vendor's willb e out even if they haven't sold their unit because everyone will see their deficiency of kind for the community. Any apt overseer hopes for the best and plans for the worst! Emergency backup plans are near to protect the interests of adjectives. Speak to the HOA attorney if you enjoy a haphazard.
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Answers:
You hold a lawful concern but whether or not they can be on the board depends on the rules of the hoa. Go check the bylaws and see but since they are on the board I suspect the bylaws allow this. Still you could check. You also may want to try to attain some other part owners to run subsequent time a board position open up - be TRUE nice if at lowest possible 3 of the 5 be actual owners (good luck getting any restictions on renting passed beside things the bearing they are now).
If you read your CC&R's you will see that it is permissible. When a hoa is set up the seller want to carry on control until in attendance is a majority of homeowners. That is the simply channel they can formulate sure the project standards are kept up until they get rid of adjectives their unit.
the answer is
AHHHHHHHHHHHHHHHH YES!
Read your homeowner's rules! For the most module they rule unless it is against state canon. What happen to the form if they do deal in? New elections? That might attain you where on earth you want to be. Backup spaces will be adjectives becasue you might want them to attend the meeting and see how things work sot hey can cogitate going on for what's best for the community and what may ensue is at the subsequent see those fickle vendor's willb e out even if they haven't sold their unit because everyone will see their deficiency of kind for the community. Any apt overseer hopes for the best and plans for the worst! Emergency backup plans are near to protect the interests of adjectives. Speak to the HOA attorney if you enjoy a haphazard.