LisaK (Tennessee)
Posts: 1
Posts: 1
Posted:
We are a new subdivision in Wilson County TN. The Developer retained a management co to run the HOA until the Homeowners elect their board and take over. The problem is that the management company is terribly ineffiecient about scheduling meetings without proper notification, canceling meetings without notification, etc. Not sending notice of dues, then sending the invoice for 2 quarters with "Overdue" stamped on it.
Homeowners are very upset and we simply want to get the last 2 meetings with the management company over with so we can oficially take over our HOA. The last meetings with the management co will be to nominate, then to elect board members.
MY QUESTION: What regulations do management companies have to follow for a timely turn-over of the HOA? They have been stalling this process since July. It is now late October. Are there any regulations that will allow us to "force their hand" and schedule the nomination and election meetings ourselves?
Thank you,
Lisa
Homeowners are very upset and we simply want to get the last 2 meetings with the management company over with so we can oficially take over our HOA. The last meetings with the management co will be to nominate, then to elect board members.
MY QUESTION: What regulations do management companies have to follow for a timely turn-over of the HOA? They have been stalling this process since July. It is now late October. Are there any regulations that will allow us to "force their hand" and schedule the nomination and election meetings ourselves?
Thank you,
Lisa