Common Legal Mistakes ...and How Your Board Can Avoid Them

What are some all-too-common legal mistakes boards make?
Most co-op, condo, and HOA board members are not legal professionals - they're volunteers who participate in the governance of their community out of a sense of duty and the desire to have a say in maintaining the value of their and their neighbors' investment. Noble intentions aren't always enough to keep boards from making legal blunders, however - so in this clip, the pros weigh in on some of the most common legal mistakes boards make - and more importantly, how they can be avoided. 

Related Articles

Text Fiduciary Duty on notepad in front of an office desk

Fiduciary Duty Explained

One for All - Not All for One

Self-managed HOA blue gradient concept icon. Property management, administrative services. Round shape line illustration. Abstract idea. Graphic design. Easy to use in infographic, presentation

How Self-Managed Communities Manage Their Business

Staying Smart & Solvent

The Role of the Board President

The Role of the Board President

Your Community’s Chief Administrator

Steep Land Lease Increases Could Be a Nasty Shock for Co-ops

Steep Land Lease Increases Could Be a Nasty Shock for Co-ops

Carnegie House Offers a Cautionary Tale

Flat 3d isometric business people came from different way but have same target. Business team and target concept.

Board Roles

Who Does What

Two business people shaking hands while sitting in meeting room. Businesswoman shake hands to businessman. Portrait of happy smiling woman signing off deal with an handshake.

The Board-Management Relationship

Clear Expectations + Clear Communication = Success