|
|
|
|
|
|
|
|
|
|
| IHG Insurance (National Insurance Provider) |
| Providing Community Association Insurance for over 25 years: D&O Liability, Crime Products, Umbrella Coverage and Property Manager's Errors & Omissions Liability. |
|
| Reserve Fund Resources (National Reserve Planning Tools) |
| If you’re a BOD Member, Planner, or PM you’ll want our offerings. Many are FREE. Plus, there’s our “Essentials” book, and software to keep your funds healthy. Learn More… |
|
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
| Author |
Messages |
|
MjO (utah)
Posts:10
 |
| 06/11/2008 8:05 PM |
|
We have a "mixed" HOA community with single-family homes, large apartment complex (all apartments are rental), town-homes, modular-type with alleys, and large apartment complex for 55+ (all apartments are leased). Our covenants specify that one vote per housing unit...but with the two complex buildings the votes are equivalent to the number of apartments..i.e 50 apartments = 50 votes. As per the covenants, the owner of apartment complex can vote or can designate a person to represent the apartment complex to go to the Homeowners Membership mtgs and cast 50 votes on issues during the mtgs. Currently, the number of votes per complex is also linked to their monthly assessment fees. We have homeowners upset because there are issues to be voted on that do not affect the apartment complexes, yet the complexes carry the most votes. Homeowners also are concerned with the improper use of proxies, where one homeowner could collect enough proxies to have the majority of the votes. Our bylaws and covenants do not address any limits to the number of proxies per voting member. Q: Does anyone else live in a mixed community? Q: Anyone have a limit on the number of proxies? Catch 22: Since the apartment complexes have over 130 votes to begin with, why would they vote to change the covenants to decrease their voting power? |
|
|
|
|
SusanW1 (Michigan)
Posts:1804
 |
| 06/12/2008 5:27 AM |
|
You said that you are a "mixed HOA COMMUNITY". Believe it or not, ALL components are inter-related and therefore cannot be separated as to what benefits one or the other. Encourage your COMMUNITY to act like it is one unit and the main question in any vote is "WHAT IS THE BEST THING FOR THE COMMUNITY, AS A WHOLE?" Your Board needs to get this community to think cohesively! |
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
ActiveForums 3.6
General Legal Notice: The content of forum messages are from the posting member and have not been reviewed nor endorsed by HOATalk.com. Messages posted by HOATalk or other members are for informational purposes only, are not legal or professional advice and do not constitute an attorney-client relationship. Readers should not act upon this information without seeking professional counsel. HOATalk is not a licensed attorney, CPA, tax advisor, financial advisor or any other licensed professional. HOATalk accepts ads from sponsors but does not verify sponsor qualifications nor endorse/guarantee any sponsor's product or service. HindmanSanchez Legal Notice: (For messages posted by HindmanSanchez) This message has been prepared by HindmanSanchez for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Members of HOATalk.com should not act on this information without seeking professional counsel. Please do not send us confidential information unless you speak with one of our attorneys and get authorization to send that information to us. If you wish to initiate possible representation, please contact an attorney in our firm. Our attorneys are licensed to practice law in the state of Colorado only. Legal Notice For Messages Posted by Sponsoring Attorneys: This message has been prepared by the sponsoring attorney for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Readers of HOATalk.com should not act on this information without seeking professional counsel. Please do not send any sponsoring attorney confidential information unless you speak with the sponsoring attorney or an attorney from the sponsoring attorney’s firm and get authorization to send that information to them. If you wish to initiate possible representation, please contact an attorney in the firm of the sponsoring attorney. Sponsoring attorneys that post messages here are licensed to practice law in a specific state or states as indicated in their message signature or sponsor’s profile page. (NOTE: A ‘sponsoring attorney’ is an attorney that is a HOATalk.com official sponsor and is identified as such in the posted message or on our sponsor page.)
|
|
|
|
|
|
|
|