QUESTION

HOA Board

Asked on Jun 15th, 2015 on General Practice - Colorado
More details to this question:
we have 23 units, how many board members should we have?
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1 ANSWER

Construction Law Attorney serving Greenwood Village, CO at Cyrus Rajabi, Attorney at Law
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Assuming you are part of an existing HOA, the board governing documents should set forth the size of the board and the operation of the board. The bylaws (one of the governing documents) should set forth a specific number (or a range for the number of) members of the board of directors. Your property manager should be able to provide you a copy of all the governing documents. Your HOA should engage legal counsel and a competent property manager to ensure the HOA is appropriately setup and operated. If you are looking to form a common interest community (which is run by an HOA), there are a number of factors to evaluate in determining the appropriate size of a board, but a discussion of those factors and the proper way to set up a common interest community are beyond the scope of a response to this forum question, but can be answered by a competent real estate / common interest community attorney.
Answered on Jun 16th, 2015 at 1:12 PM

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