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Homeowner association. 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.
Minutes. Minutes, also known as minutes of meeting (abbreviation MoM), protocols or, informally, notes, are the instant written record of a meeting or hearing. They typically describe the events of the meeting and may include a list of attendees, a statement of the activities considered by the participants, and related responses or decisions ...
The HOA president is the CEO of the not-for-profit corporation, with all of the general powers and duties normally associated with that role. HOA Q&A: Can an Association president make decisions ...
Association management. Association management is a field of management which focuses on the management of associations. There are more than 25,000 national associations and 65,000 local, state or regional associations in the United States. These organizations employ more than 500,000 professionals. Association management is a distinct field of ...
Often, the HOA passes this ever-rising cost on to the homeowners in the form of higher monthly fees or larger one-time fees called special assessments. This jump in homeownership costs can have a ...
Look up business record in Wiktionary, the free dictionary. A business record is a document (hard copy or digital) that records an "act, condition, or event" [1] related to business. Business records include meeting minutes, memoranda, employment contracts, and accounting source documents. It must be retrievable at a later date so that the ...
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