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Pledge by Nominee for Election

to Board of Directors

 

Written by Attorney Michael T. Chulak

Following is a sample pledge to be signed by a nominee for election to the board of directors of his or her HOA:

As a nominee for election to the Board of Directors, I have read our Homeowner
Association's Bylaws, CC&Rs and Rules.

If elected to the Board of Directors, I pledge to do all of the following:

Comply with the Association's Bylaws, CC&Rs and Rules as they exist unless superseded by law;
   
Obtain the advice of experts, if and when appropriate, including attorneys, construction experts and others;
   
Read the Davis - Stirling Act at least once each year when the yearly amendments become available and to comply with the law;
   
Read the management agreement in effect between our Association and management company so that I am aware of the management company's contractual responsibilities and those areas where it has no contractual responsibility;
   
Pay my assessments before they become delinquent and strictly comply with the governing documents of our Association;
   
Attend all board meetings and homeowner meetings unless it is absolutely not possible to attend;
   
Accept no compensation from the Association, members of the Association, or vendors and contractors providing goods and / or services to the Association;
   
Comply with the Open Meeting Act as set forth in the Davis - Stirling Act;
   
Make certain that agendas are posted and / or distributed to all members in advance of Association meetings and that minutes are taken and maintained of all meetings as required by law;
   
Hold annual elections for the Board of Directors according to the Association's Rules, Bylaws and California law;
   
Provide members of the Association with an email address so that members can make direct contact with me, if required;
   
Obtain a reserve study from an expert in the field every three years, and to review and adjust it annually between reserve studies as required by law;
   
Avoid conflicts of interest with the Association if possible and to recuse myself from voting on a matter where a conflict or the appearance of a conflict exists;
   
Adopt realistic annual budgets each year in order to avoid the hardship and liability associated with special assessments;
   
Honor my fiduciary duty to the Association at all times by placing the Association's interests above my own personal interests;
   
Read all written contracts with contractors and vendors so that I am aware of their obligations as well as the Association's obligations; and
   
Treat other board members, homeowners, vendors, contractors and management company representatives with professional courtesy and respect at all times.
   

I have carefully read and understand this pledge and promise that if elected to the Board of Directors of our Association, I will honor it.

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Signature Date
   
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Print Name  
   

 

 

 

 

 
 





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