HOA glossaryBoard & governance
What is a board of directors?
The elected body that governs the association, holding all authority the governing documents grant to it and no more.
Also called: HOA board
Directors are elected by the members under the bylaws, serve fixed terms, and act as a body rather than individually. A single director has no authority to direct a vendor, promise an owner an outcome, or waive a covenant, however senior they feel.
The board's job is direction and oversight: adopting the budget, setting policy, contracting, maintaining the common area, enforcing the documents and preserving the association's finances. Day-to-day execution is normally delegated to a manager, but the responsibility does not delegate with it.
Directors owe fiduciary duties to the association and are generally protected when they act in good faith, on reasonable information, in what they believe to be its interests. That protection weakens sharply where a conflict is undisclosed or a decision was made without any information at all.
Why it matters to a board
Decisions are made in meetings, recorded in minutes, and taken by the board. Everything outside that pattern is exposure.
Where the answer lives
Your recorded declaration and bylaws first, then the act that governs associations in your state. Whichever is stricter is the one that binds you.
Related terms
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