While members of the association should understand that it is in their own best interest to attend the annual meeting of the members, many do not realize how important these meetings are. Failure to attend annual meetings results in failure to meet quorum, which in turn results in frustration and disappointment for board members – not to mention unnecessary additional costs! Adjourned meetings can result in increased legal fees, extra room rental fees, and increased management fees, in addition to the fact that association business gets postponed. Read the article…………….
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