What is “Fiduciary Duty”?

The directors and officers of a homeowners’ association (HOA) are said to have a “fiduciary duty” to the members of the association that they serve. What exactly does that mean, and what do those directors and officers need to be aware of? In basic terms, a fiduciary is someone entrusted to make decisions on behalf […]

Help Wanted!

With the explosive growth of residential development over the last 20 years or so in the greater Charlotte region (and elsewhere), there has been a tremendous increase in the number of community and condominium associations, commonly referred to as “HOAs.” While the members of some communities choose to manage their HOA themselves, the vast majority […]

To Serve or Not to Serve?

This week’s column was written by my law partner Kimberly Sullivan, whose practice is focused on liability and insurance defense and risk management. Q:  Our HOA is planning a fall party at the community clubhouse, and we want to serve (but not sell) alcohol.  How can we minimize our risk? A:  Selling alcohol at a […]

Don’t Miss This Upcoming Event: Board of Directors 101

January 29 – Board of Directors 101- Mike Hunter, Bill Hamel and Cynthia Jones will present to the North Carolina Chapter of the Community Associations Institute on January 29, 2013, at the Employers Association. Topics will include governing documents, conducting effective annual meetings, proxies and ballots, budget ratification, and more. To register for the workshop, […]