Can you identify every situation where a conflict might arise between your personal interest and your fiduciary duty to the homeowners association? Do you have concerns about your fellow board
members and their potential conflicts of interest?
We know you want to do the right thing. That's why you've turned to HOAleader.com for ideas and advice (and we thank you for your support!).
Despite your best intentions, we can still practically guarantee that you'll face situations in which you're not positive which is the proper path to follow. You'll be saying to yourself: "Is this a conflict?" Or "I'm sure there's a conflict here, but I'm not sure how to resolve it."
As always, we've got your back. In this comprehensive report, How to Prevent and Resolve Conflicts of Interest at Condos and HOAs: 8 Real-Life Case Studies, we've sought the advice of legal experts on the best practices for identifying, avoiding, and resolving these conflicts in your association.
The information in this report will not just help you operate your community association better and with more confidence, but it'll give you peace of mind that you're reducing your risk as a volunteer.
In this report, you're getting concrete, helpful information, including:
- What Is a Condo/HOA Conflict of Interest (It's more challenging to define than it might seem!)
- Do you need stricter rules than your state requires?
- Case Study 1: When a relative of a board member owns a company
- Case Study 2: When board members are compensated
- Case Study 3: When directors and officers get perks
- Case Study 4: When board pursue a personal agenda
- Case Study 5: When board members favor friends
- Case Study 6: Using board members contact advisors on personal matters
- Case Study 7: When board members are involved in violations
- Case Study 8: When board members sell homes in the community
- A sample conflict of interest policy
- A model code of conduct for boards
- A model code of conduct for homeowners
Our mission is unchanged: Here, we offer you useful information in our characteristic clear, plain English that's easy for you to adopt in your association.
As always, when it comes to issues of legal compliance for condos and HOAs, it is important to remember that each state has its own rules, and you should consult with an attorney or other professional as to the appropriate steps for your specific situation.
Our goal for this report, as for all HOAleader.com information products, is to help make your association a better run organization and help make you a better leader for your community. I am confident that you will find concrete ideas you can put to work in your condo or homeowners association.
Best regards,
Matt Humphrey
President
