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The HOA president is the CEO of the not-for-profit corporation, ... The board of directors is charged with carrying out the duties and responsibilities of the association, which, remember, is a ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
While HOAs do have substantial powers, home owners have a voice, too.
Question: I live in an HOA, and our current board president has been president for 12 years. Every time there is an election, he automatically becomes president again because there is not a quorum.
In one example, newer infill neighborhoods built decades after the original, surrounding HOA-less neighborhood may have its own HOA but also be within the boundaries of a NA. In the United Kingdom , it is known as a residents' association (RA).
The vice president sometimes assumes some of the ceremonial duties of the president, such as attending diplomatic functions and events that the actual president may be too busy to attend; the Vice President of the United States, for example, often attends funerals of world leaders on behalf of the president. A vice president, in some cases, may ...
The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet.
An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief ...