Congratulations. You have been chosen to help lead your community on a small governing body that will determine the major policy decisions affecting everyone who lives in your community. From finances to rules enforcement to selection of personnel and services, your voice will be a major factor in the way things are done. Although an unpaid office, being on the board of a community association can be a position of esteem, responsibility and leadership. Are you ready for this?
Step One: Do Your Homework
If you are feeling a bit unprepared for what lies ahead, you have just stepped into a pool that includes a vast majority of people who have never served on a community association board. It’s likely that Co-op/Condo Board Fundamentals was left out of the curriculum at most high schools.
Although the three “R’s” do not include “Rules,” as in community association governing documents, there are ways to get up to speed on your new responsibilities—including what they are and what they aren’t.
The first step is to return to the governing documents themselves. You should have received them upon buying into the community, and even if you gave them the once-over back then, it is imperative that you read them again.
Exactly, just what do board members need to know? They need to have a firm grasp of the basics, says Lori E. Burger, CPM, PCAM, CCAM, CAM, who is the senior vice president of California-based Eugene Burger Management Corp.