2024 Board of Directors

What does the board of directors do?

Homeowners associations are governed by a board of directors. They are volunteers and neighbors within the community. They have volunteered to manage the association's day-to-day operations and ensure that the community functions properly. The overall success of a community will depend on the effectiveness of its board members. 

• Ensure Compliance to Laws and Governing Documents
• Maintain Common Areas
• Enforce HOA Rules and Regulations
• Manage HOA Finances
• Conflict Resolution

According to Chapter 720 of the Florida Statutes, residential communities that operate as an association must be incorporated. An HOA community’s governing documents must also be recorded in their local county office.

HOA board members are then placed in a position of trust. Board members have a fiduciary duty to the HOA. This means that they must legally act in the best interests of the community. Here are the three fiduciary duties of the HOA board:

1. Duty of Care

The HOA board is legally obliged to make informed decisions. Board members must do the research — utilizing all the information that is available to them — before making a decision or voting on a certain matter.

2. Duty of Loyalty

HOA board members must act in good faith and for the benefit of the entire community. Their decisions must not be based on personal interests. They also cannot use their position as board members for private gains.

3. Duty to Act Within the Scope of Authority

HOA board members should act within the scope of their authority. They cannot use their position, or exercise their power, on matters that are outside their duties and responsibilities.