AndreaW (North Carolina)
Posts: 57
Posts: 57
Posted:
I need some clarification, and would appreciate your help!
We had our annual HOA meeting on Tuesday night. We are in NC and we are an HOA of approx 360 existing & occupied homes with approx another 65-70 to still be built. Prior to Tuesday, we only had 2 seats on the Board out of 5. The purpose of the meeting was to vote 4 new Homeowners to the Board and the developer still holds 1 seat. However in reading through our by-laws, I am not quite clear how to interpret:
They read: "During the class "B" control period. Subject to the provisions of section 4.3 below, the directors shall be selected by the Class "B" Member acting in its sole discretion and shall serve at the pleasure of the Class "B" Member until the first to occur of the following, which occurence shall signify the end of the Class "B" control period.
i. when 75% of the total number of units proposed by the site plan for the property described on Exhibits "A" and "B" of the declaration have certificates of occupancy issued thereon and have been conveyed to Persons other than Builders; The Class "B" membership shall terminate upon the termination of the Class "b" control period. Such amendments are made so that the VA and FHA are able to insure or guaranty any Mortgages on the units. or
ii. when in its discretion, the Class "B" Member so determines.
So my questions are:
1) Does this translate to the end of the Class "B" control period?
2) Some of the candidiates had a much higher vote counts than the person actually making it on the Board, if you do not include the builders votes. Is is still OK for the builder to cast his votes for the unbuilt lots even if this means that the class "B" membership and and control period has ended?
3) The builders had supposedly 94 votes cast out of 203 eligible votes that night. One of the candidates is a real estate agent in our area,who used our email list to send out a campaign letter and added in his personal advertising all over the header and bottom of the email, he had the least amount of homeowner votes, about 39 votes, however due to the fact that the builder voted, he made it on the board and the other 2 candidiates with much more votes from the homeowners (57 & 65) did not get on the Board.
Please see if you can clarify for me so i have a full understanding of how this all panned out? I find this very confusing and upsetting, because either of the other 2 candidiates with higher vote counts have done so much more for the community all around, have been on committeess and show up to all events and are always there to help. It just does not seem like justice to our neighborhood. Please answer soon!!
We had our annual HOA meeting on Tuesday night. We are in NC and we are an HOA of approx 360 existing & occupied homes with approx another 65-70 to still be built. Prior to Tuesday, we only had 2 seats on the Board out of 5. The purpose of the meeting was to vote 4 new Homeowners to the Board and the developer still holds 1 seat. However in reading through our by-laws, I am not quite clear how to interpret:
They read: "During the class "B" control period. Subject to the provisions of section 4.3 below, the directors shall be selected by the Class "B" Member acting in its sole discretion and shall serve at the pleasure of the Class "B" Member until the first to occur of the following, which occurence shall signify the end of the Class "B" control period.
i. when 75% of the total number of units proposed by the site plan for the property described on Exhibits "A" and "B" of the declaration have certificates of occupancy issued thereon and have been conveyed to Persons other than Builders; The Class "B" membership shall terminate upon the termination of the Class "b" control period. Such amendments are made so that the VA and FHA are able to insure or guaranty any Mortgages on the units. or
ii. when in its discretion, the Class "B" Member so determines.
So my questions are:
1) Does this translate to the end of the Class "B" control period?
2) Some of the candidiates had a much higher vote counts than the person actually making it on the Board, if you do not include the builders votes. Is is still OK for the builder to cast his votes for the unbuilt lots even if this means that the class "B" membership and and control period has ended?
3) The builders had supposedly 94 votes cast out of 203 eligible votes that night. One of the candidates is a real estate agent in our area,who used our email list to send out a campaign letter and added in his personal advertising all over the header and bottom of the email, he had the least amount of homeowner votes, about 39 votes, however due to the fact that the builder voted, he made it on the board and the other 2 candidiates with much more votes from the homeowners (57 & 65) did not get on the Board.
Please see if you can clarify for me so i have a full understanding of how this all panned out? I find this very confusing and upsetting, because either of the other 2 candidiates with higher vote counts have done so much more for the community all around, have been on committeess and show up to all events and are always there to help. It just does not seem like justice to our neighborhood. Please answer soon!!