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Condo Association Board Roles

Posted by stephen polinsky on Thu, Jan 29, 2009 @ 08:49 PM
We have a small condo association building of 20 units, of which 2 are commerical units.  There are 5 condo board members in our condo association and 4 roles.  One condp board members who's business is in one of the commerical units adds more from his experience - as we were all first time condo board members  Here's how we broke up responsibilities:

Condo Board Positions Responsibilities
Finance and Legal Review monthly financials with property management co
Work on annual condo budget
Work any special assessments
Assist with any accts payable/receivables from condo fees and assessments as needed
Building Security and Well Being Suggest/evaluate current and new condo building security measures
Educate residences and condo owners on policies and issues
Point of contact for security issues
Condo board member respresentive for residential issues
Condo Building Upkeep and Improvements Identify new opportunities to improve the condo association building
Work with condo association management co to prioritze capital expenditures
Liaise with suppliers, contactors when needed
Assisting condo unit owners and residences to maintain/improve building asthetics
Building Relations Schedule trustee/assoc meetings as needed
Record, post and archive condo board meeting notes and docs
Assist/Review any major communication condo documents
General Point of contact for condo association
Community Relations

Tags: Board of Directors

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