Members can access and request a copy of the AGM minutes. There is no set deadline for distributing minutes, but it's good practice to send the draft for review within one week of the AGM. The minutes are then approved and signed at the next AGM.
Statute of Limitations – The statute of limitations for a violation of a restriction is five (5) years from the time the association “discovered or, through the exercise of reasonable diligence, should have discovered the violation.” (Code. Civ. Pro § 336(b).)
Before the next meeting, distribute the minutes to those who were present at the meeting, along with an agenda for the next meeting. Ideally, this should be done one to two weeks before the meeting so that members can review the minutes and get ready for that meeting.
Meeting minutes should be distributed promptly after the meeting, ideally within 24 to 48 hours. Timely distribution ensures that participants have a fresh understanding of discussions, decisions, and action items.
When Should HOA Meeting Minutes be Distributed? HOA meeting minutes should typically be distributed to all HOA members within 30 days of the meeting.
This is one of the most common questions I receive. The answer is simple and clear – as soon as possible after the meeting. The trend in business meetings is for minutes to be available within literally minutes of the meeting or, if not, hours. Same day is the general rule.
Violations of the governing documents: Homeowners can sue if they believe the HOA has not adhered to its own rules or bylaws. Unfair treatment: This situation can occur if the HOA discriminates against certain homeowners or does not enforce rules consistently.
5 years. The statute of limitations periods for HOA claims are different for every state. In Virginia, consumer debt such as HOA & Condo fees have a statute of limitations of 5 years.
To dissolve an HOA in Virginia, a supermajority vote is typically required from the membership, followed by a legal process that involves settling the association's debts and obligations. State guidelines must be adhered to throughout the dissolution process.