HOA Insights: Common Sense for Common Areas

094 | Don't Breach your HOA Fiduciary Duty!


Listen Later

Send us a text

HOA board members, breach of fiduciary duty is the #1 claim against associations. Learn how to protect yourself and your community.
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

Breach of HOA Fiduciary Duty is the #1 legal claim against board members—costing millions in legal fees. In this episode, Kevin Davis & Robert Nordlund explain how HOA boards can stay compliant, protect their association, and avoid costly lawsuits. Learn the four key principles of fiduciary duty: duty of care, loyalty, obedience, and transparency—and how failing to follow them could land your board in legal trouble. Plus, discover why Directors & Officers (D&O) insurance is a must-have for every association.

Chapters From This Week's Episode:

00:00 You Lied to Your HOA? 
00:44 Intro to episode, last week recap, and merch store
03:21 Someone Accused You of Breaching Fiduciary Duty… What Do I Do? 
05:15 The #1 Claim Against HOA Boards & How to Avoid It
08:45  Duty of Care: Acting Reasonably & Competently
11:20 Duty of Loyalty: Avoiding Conflicts of Interest
13:50 Duty of Obedience: Following HOA Governing Documents
16:30 Duty of Transparency: The Role of Open Communication
19:15 Legal Consequences of Breaching Fiduciary Duty
21:02 Ad Break - Kevin Davis Insurance Services
22:00 How to Protect Yourself: Directors & Officers Insurance
25:10 Common Pitfalls That Get HOA Boards Sued
28:45 Final Advice: Best Practices for HOA Board Members

Podcast Links:
Full Episode List
Watch On Youtube

Engage in the conversation!

Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to [email protected]

Nominate yourself or a Board Hero you Know!
Board Hero Nominations

Boardmember Merch Store!

Connect with Hosts on LinkedIn

Julie Adamen

Kevin Davis, CIRMS

Robert Nordlund, PE

Support Our Sponsors

Association Insights & Marketplace

Association Reserves

Community Financials

Kevin Davis Insurance Services

Stokelight Video & Marketing

The Inspectors of Election

...more
View all episodesView all episodes
Download on the App Store

HOA Insights: Common Sense for Common AreasBy Hosts: Robert Nordlund, Kevin Davis, Julie Adamen

  • 5
  • 5
  • 5
  • 5
  • 5

5

26 ratings


More shows like HOA Insights: Common Sense for Common Areas

View all
Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,572 Listeners

Real Time with Bill Maher by HBO Podcasts

Real Time with Bill Maher

16,365 Listeners

The Rachel Maddow Show by Rachel Maddow, MSNBC

The Rachel Maddow Show

37,030 Listeners

Pivot by New York Magazine

Pivot

9,483 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,202 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

345 Listeners

The Bulwark Podcast by The Bulwark

The Bulwark Podcast

12,253 Listeners

The MeidasTouch Podcast by MeidasTouch Network

The MeidasTouch Podcast

48,617 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,124 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,787 Listeners

On with Kara Swisher by Vox Media

On with Kara Swisher

3,424 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,478 Listeners

Fast Politics with Molly Jong-Fast by iHeartPodcasts

Fast Politics with Molly Jong-Fast

2,278 Listeners

Raging Moderates with Scott Galloway and Jessica Tarlov by Vox Media Podcast Network

Raging Moderates with Scott Galloway and Jessica Tarlov

1,264 Listeners

The Best People with Nicolle Wallace by MSNBC

The Best People with Nicolle Wallace

4,538 Listeners