Definition
The handover of control of an HOA from the developer to a homeowner-elected board once enough homes are sold.
Transition — also called developer turnover — is the point at which control of the association passes from the declarant (developer) to a board elected by the homeowners. It's a pivotal moment for a young community.
A careful transition includes reviewing the association's finances and reserves, obtaining all records and governing documents, inspecting common areas for construction defects, and confirming any outstanding developer obligations. Communities often bring in professionals to review the handover, since issues missed at transition can be costly later.