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Structure of a Homeowners' Associaton
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  • Board of Directors - Establishes policies and procedures.
  • Management Company - Executes policies and procedures as established by the Board of Directors.
  • Committees - Research and make recommendations to the Board of Directors who then makes the final decision. Typical committees include Budget, Newsletter, Architectural Control, Rules and Grounds.
  • Contractors - Professionals hired to perform services for the association. The Management Company oversees the sub-contractors.
  • CPA/Auditor - Provide an impartial review of the association's finances. Depending on state or CC&R requirements, their services may be required annually or as requested by the Board.

        

 
 
 

 

 

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