HOA Self Audit Request

A diverse group attending an HOA audit meeting with charts and graphs displayed.

As a homeowner in Melrose & Inverness at Melrose, you are automatically a member of the HOA and have the right to request and review all public records, including key HOA financial records. This includes, but is not limited to:

- Monthly financials

- Bank statements

- Invoices

- Tax statements (1120-H)

If you suspect misappropriation of funds within the HOA, you can proceed with a self audit request for a third-party review. Although Ohio HOA rules do not establish a specific petition process, a signed petition from homeowners, which requires 10 signatures, is requested.

If you believe that board members are not fulfilling their responsibilities with due diligence and loyalty, you can also request the termination of a board member. According to the Melrose Bylaws, ARTICLE 5, SECTION 2 (removal), a board member's termination can occur at any time, provided it is approved by 75% of the lot owners, which translates to 300 signatures. This process also applies during the annual meeting, where majority approval by proxy is acceptable.