The Uncommon Area
HOA Fiduciary Duty: Can Board Members Be Sued Personally? | Ep. 80
Attorney Cang Le of Le Firm joins The Uncommon Area for a clear look at what fiduciary duty really means for HOA board members.
Cang and host Matthew Holbrook break down how board decisions are judged, why expert guidance matters, what creates legal exposure, and how the business judgment rule actually works in practice.
If you serve on an HOA board or work in community management, this episode gives you practical insight into how to make sound decisions that protect the association and yourself.
In this episode:
• What fiduciary duty covers
• Why HOAs function as corporations
• The duty of care and duty of loyalty
• How courts evaluate board decisions
• The risks that lead to personal liability
• The role of experts in protecting the board
• Conflicts of interest that catch boards off guard
• Budget season pressures and reserve funding realities
• What boards should prioritize in 2025
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