If you're a homeowner in Tampa, Florida, or are thinking of buying a property in the city, you might have to join a homeowners association (HOA).
An HOA is a great way to meet with other homeowners and work to manage your property and community. If you do decide to join an HOA, you'll have to attend different types of meetings.
In this quick guide, we'll share three different types of HOA meetings that you can expect to attend.
1. Standard Board Meeting
This is a basic meeting hosted by the HOA board of directors for all members. These meetings usually happen on a monthly or sometimes quarterly basis.
Usually, these meetings are for discussing basic issues relating to properties. This can include discussing property management, negotiating disputes, or maintenance.
As a general rule, you'll have up to 30 days' notice for this meeting. At this meeting, you can observe how the board members conduct themselves.
It can help you decide if you want to become a part of the board in the future. You can use these meetings to ask how directors are chosen or elected.
At all HOA meetings, there'll be at least one member who'll take minutes to keep a record.
2. Annual Meeting
This is a great way to interact with other members and also learn about how you can participate in an HOA.
You'll usually get 30 days' notice for the annual meeting. The main focus of this meeting is to discuss the biggest issues related to the association.
The board of directors will also discuss the annual budget at this meeting. They'll also present committee reports and any new projects. The annual meeting is also for introducing new board members.
As a result, if you're new to an HOA, this is one meeting you can't afford to miss.
3. Committee Meeting
Your HOA will likely have several committees that will deal with the needs of the community. Often, these meetings focus on smaller projects for the community.
The committees are created by a subset of the board of directors. Each committee will be chaired by at least one director.
Generally, these committee meetings are open to all members. Members can join these committees whenever and as they see fit. This is a great opportunity for you to see where you can make a difference.
Meetings can be conducted whenever a specific committee feels it's necessary. Sometimes, HOA guidelines will dictate how often such committee meetings should occur.
If you do join an HOA, make sure you understand your responsibilities and liabilities.
Join HOA Meetings
Now you know three types of HOA meetings and what to expect if you take part in them.
At the standard board meeting, you'll focus on the biggest issues about the HOA. It's also an opportunity to meet the new directors.
The annual meeting is an open event and is for meeting other members. The committee meetings serve the needs of the community. It's perfect for getting more involved in the HOA.
If you want to learn more about HOAs and get the best property management services in Tampa, PMI JCM Realty Group is ready to help!