Deciding whether our HOA should enforce term limits on board members is not always an easy decision to make. Moreover, many states have laws in place that either requires board members to have a term limit on their services or prohibit HOA/community organizations from setting term limits on board members. Knowing the laws in your state is a very important first step to understanding what term limits you can enact on your board members. You also want to know if the term limits that you are setting are against the laws in your state.
Just as is the case with anything, there are both pros and cons to limiting board member service terms in your HOA/community organization. Once you know the laws in your state, determining the ups and downs of implementing term limits in your community should be considered.
The following are both some pros and cons to determining if you should limit the terms of the board members in your community.
The following are some pros to limiting the amount of time that a board member can serve on the board of the HOA/community organization in your community:
These are some pros to consistently having new members join the board regularly.
The following are cons to limiting the amount of time that board members can serve on the board of the HOA/community organization in your community:
These are some cons to consistently having new members join the board regularly.
The average length of a term for a board member can vary by HOA/community organization. Generally, limiting board members to two or three terms is customary. Most term limits will last between 2 and 4 years.
However, reading the laws in your state and knowing what limits your state puts on HOA/community organization board members is the first step to setting your own board term limits in place.
There are both pros and cons to determining if board term limits are right for your HOA/community organization. While following state laws, determining what is best for your HOA board member's term limits is up to each association to decide. For more information on how to set board limits in place in your HOA/community organization, please feel free to contact us for further assistance.