Minute books and other records of the association. Roster of owners, addresses and telephone numbers, if known n. Copies of any leases to which the association is a party. In order to facilitate an orderly transition, the developer or an informed representative should attend several meetings with the board of directors during the three months following the turnover meeting. The new board of directors is not expected to be knowledgeable in technical areas like management, accounting, investment and law. While some of these functions may be handled through a professional property management company, if the association chooses to self manage, it is very important to identify knowledgeable consultants to counsel the board.
Turnover is a pivotal moment in the future of each community association.
Treat it with respect and take the time to do things right. What happens today, sets the stage for tomorrow's success. Make sure this play has a long run. All rights reserved.