92% of community association residents “always” or “usually” vote in national elections.
Holding meetings virtually has brought questions about how residents can cast votes for an election during an association’s annual meeting—and how boards can remain compliant with their governing documents.
By following these strategies to effectively manage the association’s finances, you can ensure its financial health and long-term prosperity.
Some homeowners associations struggle to reach a quorum, leading to stalled work, increased expenses, and more.
A quorum is the minimum number of owners who must be at a meeting before business can be transacted.
Tip #3: Be productive. The homeowner forum is an exchange of ideas, not a gripe session. If you’re bringing a problem to the board’s attention, share your ideas for a solution too.
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