The firm’s latest Miami Herald “Real Estate Counselor” column authored by Michael L. Hyman appears in today’s Neighbors section and is titled “What Are Some Common Traits of Excellent Community Association Boards of Directors.” The article discusses how Michael realized from the start of his work with associations more than 50 years ago that the decisions of these boards, which are of momentous significance for the administrative and financial well-being of their communities, are sometimes influenced by the petty whims and infighting of some of their directors. His article reads:
. . . Boards of directors often fall into one of three categories:
The Autocrat: These associations are ruled by a president who has typically served in the position for many years. Everything the president wants, they get; everything they are against has no shot. The other board members are happy to follow along and not rock the boat.
The Fence Sitters: These boards’ votes are almost always split decisions with a swing-vote in the middle, and they typically deliberate for a very long time before making any decisions. Sometimes for issues involving pressing matters, they may even kick the can down the road rather than making a difficult decision.
The Varsity Team: These boards of directors are typically comprised of experienced board members who, for the most part, see eye to eye on many important issues and decisions. They listen to experts, discuss and weigh their options together with all the interested unit owners at the board meetings, and always make decisions that are in the best interests of their communities.