Avoiding Community Association Conflicts of Interest: Best practices for board members and property managers

HOA board members, as well as property managers, are bound by codes of ethics (written or unwritten) to put the interests of their respective associations ahead of their own. Conflicts of interest, or even the hint of conflicts, can create major issues for the community or property management company. We know we are supposed to avoid conflicts of interest, but to what extent? If there is a potential conflict, how should we approach it so that the community can still make the best business decisions?  Let’s first agree on the definition of a conflict of interest. Then we can review some examples and determine how best to proactively approach and address potential conflicts.    Read the article………………

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