Templates
Real Estate
HOA Transition Checklist
HOA Transition Checklist

HOA Transition Checklist

Run this checklist when transitioning from a developer-controlled association to a resident-controlled HOA.
1
Introduction:
2
Enter basic details
3
Finance and general documentation:
4
Hand over necessary documentation
5
Inspect financial documents
6
Conduct financial audit
7
Conduct a reserve study
8
Review insurance policies & coverage
9
Approval: Finance & general documentation
10
Legal:
11
Hire/consult an HOA attorney
12
Ensure compliance with state law
13
Read and enforce CCRs
14
Approval: Legal compliance
15
Board of directors:
16
Hold election for the board of directors
17
Establish board committees
18
Approval: Board of directors established
19
Property inspection:
20
Hire an engineer to inspect the properties
21
Conduct property inspection
22
Record details of the inspection
23
Approval: Property inspection completed
24
Final steps:
25
Confirm all documents are obtained from the developer
26
Confirm date of follow-up turnover meeting
27
Sources:
28
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