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Posted By SusanS29 on 05/25/2023 10:17 PM
I am thinking of running for our board. Unfortunately there is an ongoing lawsuit against one of the owners and other things I don't know much about.
Does the current board need to disclose what is going on once I am a candidate or after I am elected? Also, can I withdraw my candidacy or from the board after the board tells me what is going on?
While you're a candidate you'll only know what's been made available to all members (eg. the lawsuit). Once you've been elected you'll discover all of the things that you didn't know previously.
Yes, you can always resign from the board. It's volunteer service, you don't sign a contract, although there are expectations that go along with the position (eg. board members are fiduciaries and must act in the best interests of the association). Nobody can force you to continue if you really don't want to.
Suggestion: read your bylaws. They should list how many director positions there are, how long they serve, and what their duties are. It will give you some idea of the kinds of things the board is responsible for.
Not to alarm you, but most newbie board members find that first year of service to be an eye-opener. It's not what it looks like from the outside. It's very common for newbies to spend their first year or so in a mild panic as they discover how little they know. That's actually a good sign! A newbie who thinks that they already know everything or that they don't need to learn anything new is probably not going to be a very effective board member. It's also a time when you'll get to see some of your neighbors in a new light, and it won't be pretty. Every community has a few drama llamas who like to stir up trouble, and favorite targets are the board and the community manager. There are a few folks in my community who helped get me elected, hated me the minute I was elected, and then were perfectly cordial again after I stepped down. I'm planning to volunteer again next month, and I totally expect to become their enemy again. This kind of stuff can mess with your head until you realize that their behavior is all about them, not you.
Expecting this bumpy ride can help since you know that it's part of the process. It doesn't mean that you're not qualified to be a board member or that you won't do a great job when you get some experience.
Your community has some additional challenges with the lawsuit. Depending on its nature it may be a big deal or it may be somewhat routine. By routine, I mean things like collection or foreclosure actions that the board is probably required to pursue per your bylaws.
But yeah, you'll go into this blind to some extent. Even former board members who've been away for a few years will not know exactly what they're stepping into.