BW (Colorado)
Posts: 28
Posts: 28
Posted:
I am new to the HOA idea & have purchased into a townhome Association (built in 1996)where the By-laws give only the President all the "duties & responsibilities" for administering & maintaining the Association. The VP & Secretary have no duties. The Treasurer is appointed & just signs the check that are billed to him. The President decides what will be repaired, replaced, companies to hire, contracts to sign alone. In all organization that I belong to, the Board of Directors has the duties & responsiblities to administer & maintain with each Board officer given duties & responsibilites so what is the rule? The Declaration simply states that the Association will be governed through the Board of Directors & the Articles of Incorporation state how the Directors are elected & the Officers are chosen. Thank you for responses & suggestions of how Declarations are written.