Understanding your governing documents is essential to every association – without governing documents, an HOA would not exist! These documents serve a specific purpose in the community and allow the association to function. An association board or individual board member may be held legally liable for failure to follow local, state, and federal laws, or to act in good faith based on reasonableness and good judgment. For these reasons, it is important that board members truly understand their association’s governing documents. Read the article………….
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