Quorum Required For Annual Meetings

As community associations hold their 2013 annual meetings, many share a common challenge: obtaining a quorum to conduct business.  A quorum is the number of owners present, in person or by proxy, that is required to be present to transact business, including conducting an election.  Often, an association’s governing documents require that a majority of owners be present to conduct the election, which can be difficult and challenging to achieve.  If a quorum is not present, the election may not be held.

 HOAleader.com recently addressed this important issue in a recent article: http://www.hoaleader.com/public/No-Quorum-for-Meeting-to-Elect-a-Board-Give-Up-And-Can-the-Prior-Board-Carry-On.cfm

 To remedy this requirement, many community associations have proposed an amendment to their governing documents to reduce their quorum requirement.

Categories

Three bars icon gold

Recent blog Posts

Three bars icon gold

Lydia Chartre Quoted by HOAleader.com offering Guidance to Board Members

Lydia Chartre, our Wisconsin Office Partner and Chair, was recently quoted in several articles featured ...
Read More →

Is your Condominium on the Fannie Mae Blacklist?

Are owners in your condominium having trouble selling or re-financing their units? If so, it ...
Read More →

A Baker’s Dozen – Risky Actions by Community Association Board Members

How to Avoid Common Pitfalls as an Association Board Member It is well-established that Association ...
Read More →

Basic Tips for Handling Short-Term Rentals in Condominiums and HOAs

Is your community located in a popular vacation area? Or experiencing a large public event ...
Read More →