028 | On The HOA Board? Now What?

HOA Insights: Common Sense for Common Areas

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Learn the key responsibilities and rights for HOA board members. We’ll show you how to maximize your board's effectiveness and explain your exact role!
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Jump into the world of HOA board governance in our latest episode of HOA Insights. Today we’re diving into the complexities of managing homeowners associations. From the basics of understanding laws and documents, to mastering decision-making and compliance, we cover every angle for new and existing board members. Featuring consulting expert and seasoned HOA board member, Tom Connolly, take away his advice and practical tips today. Learn about the importance of relying on professional experts in every field, navigating board disagreements, ensuring transparency, and prioritizing the community's greater good. Whether you're a new board member shocked by the responsibilities or an experienced member seeking fresh perspective, we’ll provide invaluable wisdom to make your tenure successful and impactful.
Connect with Tom Connelly:
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Chapters from today's episode: On The HOA Board? Now What?
00:00 Intro to being on the HOA Board
02:17 About Tom Connelly
03:01 Dealing with a Divided HOA Board
04:32 Reasons for Joining HOA Boards
07:47 What New Board Members Should Know
13:44 Understanding HOA Responsibilities
15:34 Community Financials Ad Break
16:11 Making HOA Decisions for the Greater Good
19:33 Using The Business Judgment Rule
23:24 Board Member Roles: You Need True Experts
25:26 Deferred Maintenance
26:23 The Rights of the HOA
30:09 What Isn’t Your Role as a Board Member

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Julie Adamen
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Kevin Davis, CIRMS
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Robert Nordlund, PE
https://www.linkedin.com/in/robert-nordlund-pe-rs-5119636/
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Chapters

1. Intro to Being on the HOA Board (00:00:00)

2. About Tom Connelly (00:02:17)

3. Dealing with a Divided HOA Board (00:03:01)

4. Reasons for Joining HOA Boards (00:04:32)

5. What New Board Members Should Know (00:07:47)

6. Understanding HOA Responsibilities (00:13:44)

7. Community Financials Ad Break (00:15:34)

8. Making HOA Decisions for the Greater Good (00:16:11)

9. Using The Business Judgment Rule (00:19:33)

10. Board Member Roles: You Need True Experts (00:23:24)

11. The Deferred Maintenance Problem (00:25:26)

12. The Rights of the HOA (00:26:23)

13. What Isn’t Your Role as a Board Member (00:30:09)