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Any reason to run for a BOD Position?

Larry M

TUG Member
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I should have served on the board of the small (15-20 units) independent timeshare in South Carolina, but I didn't find out until too late. That was when the BOD told us they were broke--that the treasurer felt bad about the people who had stopped paying and for years had never foreclosed the units. The BOD recommended we vote to sell the property.

The only good news was that when they sold the properties and split the proceeds among ONLY those who were paid up, I got a check for $4000 more than I had paid for the unit.
 

tonyg

TUG Lifetime Member
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Jun 6, 2005
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Location
Connecticut
Resorts Owned
Acadia Village Resort
Being on the BOD for the last 2 years I have mixed feelings on whether to run again or let someone else do it. I like having a say as to how things should be handled and think most BOD members do it to make for a better resort. I believe our resort is in better shape than it was before I got on the board. If someone wants a change but
doesn't want to be on the board they should make their problems known. I presented the idea of having a deed back policy to our board about 12 years ago and they did it and it has worked out well. I think BODs should have term limits to enable new ideas
 

Carolinian

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In Europe and Asia anyway, the MVC Owner Committees (not Boards) are just advisory.
However, although it can take quite a lot of time and effort (as much as you are prepared to give really) the role is very important and can be very rewarding - representing the best interests of all fellow Owners by working with and challenging where necessary the resort management to maintain and improve the quality and standards of the resort whilst ensuring the budget is well managed and increases are limited to essential spend only.

A good reason to own at a member-controlled resort. I have owned at two European resorts, both member-controlled and the developer was out of the picture. The HOA boards were in complete control. One, in the UK was a leasehold timeshare, and when the lease expired, so did the timeshare. The other, in the Netherlands, was organized as a co-op, and when an aging board could not find volunteers to replace themselves among the members, they proposed winding up and selling the resort, which the members then voted to do. I was living full time in Europe then, and probably would have volunteered myself if I had been able to speak Dutch, but the language difference would have been a problem.
 
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