Serving on a homeowners association board can be rewarding but comes with significant responsibilities and potential pitfalls. Common mistakes include holding undocumented or improperly noticed meetings, failing to adhere to governing documents, mismanaging association funds, making hasty decisions, and neglecting to seek legal advice when needed.
To avoid these issues, board members should familiarize themselves with the association’s governing documents, plan finances carefully, consult with professionals when needed and seek legal counsel for complex matters.
Learn more here.
