Get In Touch

Homepage

(443) 548-0191

Discover The Tidewater Difference

Discover The Tidewater Difference

get in touch

back to blog

What is a Quorum and Why is it Important?


quorum logo

A quorum is the minimum number of owners who must be at a meeting before business can be transacted. State law tells us what that minimum number is for our association. It’s relatively low, but we still have a tough time getting to it. It’s a common problem in many associations.

Meetings that don’t have a quorum must be adjourned and rescheduled at a later date. This costs the association money and creates more work. And, achieving a quorum at a second meeting—if we couldn’t get one the first time—is even harder.

So, why bother to try again? The board is legally obligated to conduct an annual meeting. It’s an important part of conducting association business. During the annual meeting, new board members are elected and the coming year’s budget is presented to the homeowners for approval. No quorum—no election, no budget. This means the current directors will have to continue serving until an election can be conducted. It also means that last year’s budget will remain in effect until a valid meeting (one with a quorum) can be held to approve a new budget.

Good news! You can be “at” a meeting and across the country at the same time by signing a proxy! That’s how you assign your vote, in writing, to another person. Proxies count toward the quorum, so they’re very important to the association.

We ask you to complete a proxy form, even if you plan to attend the meeting. That’s just in case something comes up that prevents you from attending.

Because proxies are so important to achieving a quorum, you may find us knocking on your door, calling on the phone, or even stopping you in the common areas asking you to sign a proxy form. We’ll do anything to achieve a quorum. Without it, we can’t do business, and eventually that affects you, the homeowner.

grandson sits on his grandfathers shoulders
Our Mission

Since we opened our doors in 1989, Tidewater has been offering personal customer service throughout Maryland, Virginia, Delaware and West Virginia. Due to our dedication to helping homeowners buy, sell, rent, and maintain their properties, we have become one of the largest family owned full-service real estate management companies in the area.

LEARN MORE
grandson sits on his grandfathers shoulders
Family Owned & Operated
Since 1989
Experienced &
Knowledgeable Professionals
24/7/365 Emergency
Support
Exceptional Customer
Service
Easy-to-Use
Online Portal
Comprehensive
Services
high-rise luxury apartments with balconies high-rise luxury apartments with balconies
Tidewater managed my condo for 2 years. They were professional, promptly addressed service requests, inspected my property to ensure it was being properly cared for by the tenants and gave me ultimate peace of mind,…
Profile Img
Maisha C. Maisha C.
Tidewater has been managing my property in Odenton, MD, for nearly 5 years. They have been excellent in supporting my needs, and leave me feeling confident that my property is in good hands while deployed.…
Profile Img
Ben C. Ben C.
My experience was great! I had the pleasure of working with Melody Timmons. She was very responsive to messages and very communicative. She made every effort to accommodate us when scheduling a time and date…
Profile Img
Nicole S. Nicole S.
Tidewater provided incredible service as they managed my rental property for more than 3 years. The team is responsive, communicative, and professional. Highly recommend Tidewater Property Management!
Profile Img
Shayna H. Shayna H.
Cody helped us purchase our new home in Baltimore. We were living in Arizona and had a lot of complications to work through logistically and Cody stepped up every time to help us out. He…
Profile Img
Matt M. Matt M.