After each HOA meeting, the law requires that the minutes of the meeting be prepared and compiled. This obligation is often also contained in the HOA statutes. What are the key elements of the minutes and how to proceed with their preparation?
Preparation of the minutes
The responsibility for drawing up the minutes rests with the statutory body of the HOA, which is either the committee or the chairman of the HOA. This obligation applies even if the meeting was called by the owners themselves. If the committee or the chairman is unable to draw up the minutes, the chairman of the meeting assumes this duty. The role of the minute taker is thus an auxiliary rather than a responsible one. The minutes should be drawn up within 30 days of the end of the meeting, which may be adjusted by the statutes.
Content of the minutes
The minutes of the HOA meeting must contain basic information such as the identification of the convener, the date and place of the meeting, the name of the chairperson and any other elected officials such as the recorder or the verifier of the minutes. In addition, the minutes should include the resolutions adopted, including the number of votes in favour, against and abstentions. This information may be expressed either as a fraction of the owners' shares or as a percentage.
In addition to this information, it is important that the minutes include copies of the invitation, attendance register and any other documents relating to the resolutions voted. In the event of disputes, the minutes can be used as evidence, for example in court when challenging the validity of the resolution.
Legal implications and common mistakes
Minutes have an important function not only as documentation of the meeting but also as evidence. Errors in the minutes, such as incorrect vote counts, decisions that are not clearly described or failure to follow the agenda as per the invitation, can lead to serious problems. For example, an incorrectly worded resolution on monthly payments may lead to a situation where the members of the HOA are not obliged to make these payments, which would have a negative impact on the financial stability of the HOA. Further complications may arise when changes are made to the commercial register or when loans are approved, where formal inaccuracies may lead to legal disputes.
Inspection of the registration
Every member of an HOA has the right to inspect the minutes under the conditions laid down in the statutes, and this right cannot be excluded or restricted. If the minutes are not drawn up at all, this does not automatically invalidate the resolutions adopted. However, the members of the HOA may apply to the court for a temporary injunction against acting on such decisions if they have not been able to inspect the minutes.
Conclusion
It is crucial that the minutes of the HOA meeting are prepared carefully and with due regard to all formalities. This will avoid potential complications and legal disputes that could threaten the stability and functioning of the unit owners' association.