![]() The budget is ratified unless a majority of the votes (that is, the total votes for everyone in the HOA, and not just the votes of the members who showed up to the meeting) reject the budget.At the budget meeting, the members have the opportunity to vote to reject the budget. ![]() The Board sets a meeting between fourteen and fifty days after providing the budget to the members.Within 30 days after adoption, the board provides copies of the budget to the members of the HOA along with a summary of the budget.The board of a homeowner’s association adopts a proposed budget.A budget ratification under WUCIOA would happen like this: The exception: Section 326 of the WUCIOA requires that every budget for every community be ratified by the community. Communities created before the bill goes into effect will still be governed primarily by existing laws. It is scheduled to take effect on July 1, 2018. The Washington Uniform Common Interest Ownership Act (WUCIOA) will govern new condominiums and other planned communities, and the community associations and real estate cooperatives that manage them (known collectively as “common interest communities”). The only change you’ll want to be aware of relates to how your community adopts its budget. If your Homeowners Association was created before July 1, 2018, most of the Washington Uniform Common Interest Ownership Act (WUCIOA) won’t apply to you.
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