Aberdeen Creek
Why Do We Need A Board of Directors?
Article from the Tampa Tribune Sunday April 24, 2011
"Rules of the Roost" by Richard White - a licensed community association manager.
Q: I live in a homeowners community where there is much unrest about the board's activities. Our annual meeting is scheduled for the end of the month and there is a movement to encourage homeowners to not vote, show up or turn in a proxy for the annual meeting. This movement hopes to have the state step in and take over our association. What will happen if the state takes over?
Answer: the state will not take over your association or community. The option is to petition the courts to appoint a receiver, which will more than likely make you and the other members very unhappy.
A receiver acts like a board. It must maintain and operate the association, but with no input from the members. The receiver has full rights to approve budgets, make special assessments, and force collections. To do this, the members must pay not only the fees to operate the association but also the cost of the receiver and all court costs. Most receivers are professionals who get paid very well.