{"items":[{"term":"Quorum","definition":"The minimum number or percentage of owners (or voting interests) required to be present, in person or by proxy, before a meeting can conduct official business.","href":"/glossary/quorum","category":"Quorum & Proxies"},{"term":"Proxy","definition":"A written authorization allowing one person to represent an owner and cast votes on their behalf at an association meeting.","href":"/glossary/proxy","category":"Quorum & Proxies"},{"term":"Annual meeting","definition":"A regular meeting of association members, typically held once per year, to elect directors and address owner business.","href":"/glossary/annual-meeting","category":"Meetings & Notices"},{"term":"Board of directors","definition":"The elected governing body responsible for managing association affairs, subject to governing documents and applicable state law.","href":"/glossary/board-of-directors","category":"Board Governance"},{"term":"Governing documents","definition":"The declaration, bylaws, articles of incorporation, rules, and other recorded instruments that define association structure and owner obligations.","href":"/glossary/governing-documents","category":"Board Governance"}]}