ABA Family Legal Guide

Home Ownership

Shared Ownership: Condos and Condominiums

The Board of Directors

How is the board of directors established?

The board of directors or managers is elected by the membership to carry out day-to-day operations and oversee enforcement of the rules. A typical board has five to seven members who are elected on a rotating basis. The board in turn elects officers, such as a chairman or a president, a secretary, and a treasurer.