Serving on 2 HOA Boards in Community

Hello,

I wanted to get some opinions on something. I currently serve as the Master HOA President for our Community (267 homes). For some reason, there is an HOA Board for 1 of our 3 subdivisions which covers some specific subdivision contracts (116 homes). The Master Board has made great strides and has taken a professional approach to everything since new leaders came into office. The other HOA Board is running things "out of a cigar box" so to speak which concerns me as a resident of this subdivision as it pertains to managing our finances.

What are your thoughts on if I were to seek election, most likely looking at President, of the smaller subdivision Board? I understand the perceived conflict of interest but there are no material cost sharing, contracts, etc as the Master and Sub HOA are set in different accounting silos at our management company.

Thanks for any input as I mull over next steps.

Mike

Mike,

I am not familiar with master associations but I have heard of at least one where the board of the master is comprised of board members from the sub associations. There would seem to be no outright conflict of interest although it is easy to see that one could arise.

Look at it this way: If you are already on one board and the members vote you onto the other board then they must be OK with the arrangement.

Our Master Association is just underway. There are three associations in the Master. Five seats total. Two associations have two seats on the Master. My association (condos) has one seat. One of our board members will be on the Master board. It's not a conflict of interest to knowledgeably and honorably represent your community as part of the whole.