QUESTION 9: WHEN DOES A DEVELOPER-CONTROLLED
HOA TRANSITION TO RESIDENT GOVERNANCE?
ANSWER: Each association has its own verbiage and requirements on when and how
the transition to homeowner control occurs. Sometimes, the transition happens when a
percentage of homes are sold. At other times, it takes place when the developer prepares
notice to the association that it's willing to transition. Always reference the governing
documents for specifics, as well as information about post-turnover developer duties.
QUESTION 1O: WHAT ROLE DO HOMEOWNERS PLAY IN
THE TRANSITION TO RESIDENT GOVERNANCE?
ANSWER: Once it's time to transition, homeowners interested in volunteering as a member
of the board of directors will have an opportunity to run for a position. Community members
then vote to elect the board of directors. While HOA elections are typically held at an annual
meeting, the governing documents will direct how and when voting occurs.