Definition
The elected group of volunteer homeowners responsible for governing an HOA, making decisions, and managing its finances and affairs.
The board of directors is the governing body of an HOA — a group of volunteer homeowners elected by the membership to run the association on their behalf.
What the board does
- Sets the budget and manages the community's finances.
- Enforces the governing documents fairly and consistently.
- Maintains common areas and hires vendors.
- Makes decisions in the community's best interest.
Board members typically fill officer roles — president, treasurer, secretary — and owe a fiduciary duty to the association. They act as a body through votes at properly noticed meetings, not as individuals.