Glossary

Clear definitions of governance terms used in homeowner and condo associations.

Meetings & Notices

Annual meeting

A regular membership meeting, typically held once per year, where owners elect directors and address association business.

Board Governance

Board of directors

The elected governing body that manages association affairs within the authority of the governing documents and applicable law.

Board Governance

Bylaws

An association's bylaws typically define meeting procedures, board composition, voting rules, and officer roles.

Board Governance

Governing documents

The recorded instruments that define association structure, owner obligations, and governance procedures — including declarations, bylaws, and rules.

Board Governance

Minutes

The official written record of what occurred at a board or membership meeting, including motions, votes, and adjournment.

Quorum & Proxies

Proxy

A written authorization allowing a designated person to represent an owner's voting interest at a membership meeting.

Quorum & Proxies

Quorum

The minimum number or percentage of owners or voting interests that must be represented before a membership meeting can conduct binding business.

Voting & Elections

Voting interest

The portion of total association vote assigned to a lot, unit, or parcel, used to determine voting weight and sometimes quorum calculations.