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| Providing Community Association Insurance for over 25 years: D&O Liability, Crime Products, Umbrella Coverage and Property Manager's Errors & Omissions Liability. |
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DonnaS
(Tennessee)
Posts:2948
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| 08/07/2008 11:47 AM |
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Michelle,
I too have never heard of any lot having more than one vote other than the Developer. The 2 associations that I have my rentals, both require that "The Designated Vote Holder" be listed and have their signature on a form in the offices for references. Might be overkill but with all of the fraud accusations, this seems to work as a deterant to misuse of votes. The designated voter can change any time with just a resigning of the form so it is really no problem to do that. |
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MaryA1
(Arizona)
Posts:2498
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| 08/07/2008 12:46 PM |
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Michele,
I agree, it's not a very common thing. But I do know of a retirement community in the Phx East Valley that allows each owner a vote. Frankly, I think the fairest way is to only allow one vote per lot and I do believe that is the procedure in the majority of HOAs.
Every time you say "never" someone will come along and make a liar out of you. It's happened to me a number of times, so I try not to say "never". LOL |
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MicheleD
(Kentucky)
Posts:1866
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| 08/07/2008 1:02 PM |
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Good thing I didn't say "never" then! LOL
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SusanW1
(Michigan)
Posts:2316
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| 08/07/2008 4:24 PM |
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Back to the financial report . . .
It is the obligation of the Board to provide a report to ALL members at the annual meeting (in fact, our audit-reviewed version is included with the agenda sent at least 15 days before the meeting. This report is "approved" by the membership for the minutes of the meeting).
I am confused as to why you are not asserting yourself in getting the financial report you need. It is your right.
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RobertR1
(South Carolina)
Posts:2513
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| 08/07/2008 4:56 PM |
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Susan,
I know not what financial report you refer to, but I can ventute a guess that will be right 90% of the time around here.
The Bod don't publish it.
And the answer to why they don't assert themselves is the same.
They don't publish them.
Who's fault is this, you know the answer.
How about how can they assert themselves and get what the have a right to?
I just bought a new T-shirt today...it says.
"My mind not only wanders, Some times it leaves completely."
Paid $5 for that little jewel. I will wear it on the day after I wear my ."Life Sucks" shirt. |
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NancyM2
(California)
Posts:150
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| 08/07/2008 5:24 PM |
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Does anyone know if California has something like the DBPR. And what exactly can they do when it comes to looking into HOA's ~ Our HOA has hired a Ombudsman (homeowner) @ 82K a year, and he doesn't seem to be able to solve many of our disputes. i.e. several hearings come before the BOD each month with no prior resolve. we also have hired a "in house" attorney @ 170K a year, with no active law suits against our HOA. The BOD is reluctent to put this attorney on a retainer, and billable hours as they feel more secure with this attorney at every meeting, and at their becken call (safety net) I suggested we pay for attorneys fee's on a "as needed" basis instead of on a "just in case" basis. This advice is not excepted ~ So we continue to pay these large salarys. The real kicker is they now plan to raise the dues 18% to cover the operating budget.
Is their any organization in Calif that could regulate HOA's when the BOD seems to be spend happy.
NancyM2 |
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JohnK3
(Pennsylvania)
Posts:565
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| 08/09/2008 10:58 AM |
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$82K + $170K = over a quarter of a million $$$ for work you apparently don't receive or don't need?
Gotta ask:
1. What is the size of your dues income?
2. Seeing you're giving it away, please stuff a suitcase with unmarked Jacksons, Grants and Franklins, drop me a line, and I'll give you an address to send it to. I promise a Thank-You note will follow! |
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RobertR1
(South Carolina)
Posts:2513
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| 08/09/2008 12:27 PM |
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I want some also John.
I just cannot imagine how an association could be so rich they could afford to spend this kind of money for such an esoteric funstion. If I understand what an ombudsman is then they are payong 82K to investigate 170K that has washed under the Bridge. So I would have to guess they are thinking about sending some neighbors to jail. Let me out of here, this is to much for me, you keep an eye on them JohnK. |
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DonnaS
(Tennessee)
Posts:2948
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| 08/09/2008 1:23 PM |
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Nancy,
Are you aware of the" Davis/Stirling Act" whic has regulations for California HOAs? Those are your governing laws for community living associations. The $82,000. seems really high for an Omsbudsman where an attorney on a retainer would seem to be less expensive. |
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