Imagine you were appointed the Queen [or King] of your strata building with the supreme right and power to run it any way you wanted. What would you do?
We’ll here’s 10 things that an aspiring US strata leader says they’d do if they had absolute power.
1. I would serve only with a full board of people who understand and accept their roles.
2. I would expect that all board members take on a specific task and do it well.
3. I would hold 10 meetings a year, they would last no more than 75 minutes, and be productive and enjoyable.
4. I would hire the best vendors with the best insurance and track record and expect the best results.
5. I would faithfully follow the reserve [capital works] study recommendations.
6. There would never be a special assessment or levy.
7. I would not communicate (by email or otherwise) about business with board members, the manager or owners between meetings, unless it was an emergency.
8. I would expect board members to come to all meetings having read the material provided to them a few days prior to our meetings.
9. I would not tolerate special favours to anyone or exceptions to the policies unless absolutely justified and documented.
10. I would encourage strata owners to attend board meetings to address their issues.
Is this the right approach to running strata buildings: is it too much, too little or just right?
Thanks @KellyGRichardson, Esq at https://www.roattorneys.com/blog/if-i-were-the-hoa-president .