Proxies
Just an observation regarding proxies mentioned at the Jan 2, 2024 HOA Task Force meeting. Proxy mining shouldn't be allowed; however, neither should a homeowner's ability to give a proxy to whomever they want. Limiting proxies limits homeowner's ability to give a proxy to the person of their choice if that person has reached the proxy limit. This can be problematic if the limit is quite low. Currently, directed proxies are allowed and I see nothing wrong with that and it is quite sad that the assumption that the proxy holder will be dishonest in voting was voiced at the task force meeting. Whether a homeowner provides direction on how the proxy holder votes or not is also a decision for the homeowner, not the legislature. For our HOA, our sign-in sheet for member meetings have whether someone is "signing in" via proxy and who holds that proxy and, now, I suspect, will include if it is a directed proxy. We keep all the proxy sheets and sign-in sheets in our records. Isn't taking such simple steps at the meeting better than creating new legislation?
Thank you for visiting the community engagement tool for the HOA Homeowners’ Rights Task Force.
Pursuant to HB23-1105, this project has now concluded. On behalf of the Department of Regulatory Agencies and the Division of Real Estate, thank you for your interest and participation.