Nassau County HOAs are governed by the Not-for-Profit Corporation Law and declaration of covenants. Condominiums follow NY Real Property Law Article 9-B (§339-B). Boards must hold annual meetings and keep minutes available to owners.
NY Real Property Law §339-B governs condominium boards including declaration filing, unit ownership percentages, and voting. HOAs organized as not-for-profit corporations follow N-PCL for meetings, quorum, and notice (typically 10-60 days notice for meetings). Board elections, budget adoption, and major decisions require documented procedures. Records must be available to members on request per N-PCL §621.
Failure to hold annual meeting or maintain records: owners may sue for injunctive relief and access. Board members may face personal liability for breach of fiduciary duty.
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