Governance
Conflict of interest
A conflict of interest arises when a director has a personal or financial stake in a decision the board is making. Many bylaws require disclosure and recusal from voting. Handling conflicts openly protects both the director and the association.
These definitions are for general education only. They are not legal, financial, or tax advice. HOA rules vary by community and location—confirm details against your governing documents and qualified professionals before you act.
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