Fiduciary Duty: Act in the best interests of the condominium association and its members, managing finances responsibly and ethically.
Compliance with Governing Documents: Uphold and enforce the declaration, bylaws, and rules and regulations of the condominium association.
Decision Making: Participate in decision-making processes regarding the management, operation, and maintenance of the condominium association, including budgeting and policy setting.
Open Meetings: Conduct board meetings in accordance with Washington State law, ensuring they are open to association members and providing adequate notice for meetings.
Communication: Maintain open and transparent communication with other board members, association members, and management, keeping them informed about relevant matters affecting the condominium.
Enforcement of Rules and Regulations: Enforce the rules and regulations established by the condominium association, ensuring compliance among residents.
Contract Management: Negotiate, review, and approve contracts for services such as maintenance, landscaping, and insurance in the best interest of the association.
Financial Oversight: Oversee the financial affairs of the condominium association, including monitoring budgets, financial statements, and reserve funds.
Reserve Fund Management: Establish and maintain reserve funds to cover future repair and replacement costs for common elements.
Legal Compliance: Ensure compliance with all applicable state and local laws, as well as any federal regulations that may apply.
Insurance: Obtain and maintain appropriate insurance coverage for the condominium association, including liability insurance and property insurance.
Conflict Resolution: Resolve disputes or conflicts among association members and with external parties in a fair and timely manner.
Annual Reporting: Oversee the preparation and distribution of annual reports to association members, including financial statements and meeting minutes.
Professional Development: Participate in training or educational programs to enhance understanding of roles and responsibilities as condominium board members.
Emergency Planning: Develop and implement emergency preparedness plans to address natural disasters or other emergencies affecting the condominium community.
Association Records: Maintain accurate records of association activities, including meeting minutes, financial documents, and correspondence.
Association Governance: Ensure that the board operates in accordance with its governing documents and applicable laws, including election procedures and terms of office.
Transparency: Conduct board business in public meetings, providing opportunities for association members to attend, observe, and participate as appropriate.
Confidentiality: Respect the confidentiality of sensitive information discussed during board meetings and maintain appropriate privacy for association members.
Community Engagement: Foster a sense of community and collaboration among association members, encouraging involvement and participation in association activities and decision-making processes.