Tuscarawas County Real Estate Investors

Tusc REIA

TUSCARAWAS COUNTY REAL ESTATE INVESTORS ASSOCIATION

Constitution, By-Laws & Code of Standards

Revised 1/2003

 

Constitution of the Tuscarawas Real Estate Investors Association

Approved 1/2003

 

ARTICLE I
NAME

SECTION 1: The name of the Association shall be the “Tuscarawas Real Estate Investors Association.”

ARTICLE II
TERRITORIAL JURISDICTION

SECTION 1: The Association shall operate for the benefit of its members within the territorial boundaries of Tuscarawas County, State of Ohio, and surrounding counties.

ARTICLE III
OBJECTIVES:

SECTION 1: The objectives of the Association shall be o keep its members informed on matters pertaining to the real estate industry at local, state and national levels.

(a)  To associate and cooperate with real estate investors for the purpose of mutual advantage and education.

(b)  To secure cooperative action in advancing the common purpose of its members.

(c)  To operate as a not for profit educational organization.

(d)  To offer information, guidelines and technical support. However, the organization and its officers assume no responsibility for any misunderstanding or miscommunication, and members are urged to seek legal and financial consultation should the need arise.


ARTICLE IV
BY LAWS

SECTION 1: These By Laws shall be supplemented by whatever revisions are deemed necessary and appropriate by the Officers and Advisory Board in order to insure that the Association is operated effectively and efficiently for the purpose of mutual advantage and cooperation of its members.

ARTICLE V
AMENDMENTS

SECTION 1:  These By Laws may be adopted or amended by a two-thirds (2/3) majority vote of members in attendance at any Advisory Board meeting. ** Any proposed changes shall be published with the full membership on the website prior to scheduled meeting.

**A quorum will consist of two (2) officers and four (4) Advisory Board Members.

By-Laws of the Tuscarawas Real Estate Investors Association

Approved 1/2003

ARTICLE I
MEMBERSHIP

SECTION 1: Prerequisites for membership in the association shall be as follows:

(a)  Active membership shall be open to any real estate investor or business providing services to the real estate industry, subject to the approval of the Advisory Board.

(b) Active membership shall be open to Property Managers, if they are providing services to members within the Association.

SECTION 2: Application for membership in the association shall be made to the Advisory Board and processed in the following manner:

(a) Applicant must complete entire application and return to the Treasurer, along with payment for annual membership fee.  Advisory Board will determine eligibility within two (2) weeks.

(b) Advisory Board reserves the right to accept or reject any application or renewal on the basis of applicants units being “safe, sound and secure” and able to pass local housing codes, if applicable.

(c) Any prospective member may attend one (1) General Meeting prior to applying for membership.

SECTION 3: Suspension and Termination in the association shall be accomplished in the following manner:

 (a) Any member whose dues are not paid in full within thirty (30) days after they become payable shall automatically be suspended from the association.

(b) Suspension or expulsion from the association may result if two-thirds (2/3) majority vote of the Advisory Board deem a member's actions detrimental to the organization.

(c) Suspension or expulsion from the association may result if two-thirds (2/3) majority vote of the Advisory Board deem a member's units are in violation of the Code of Standards adopted by the Association.

ARTICLE II
FISCAL YEAR

SECTION 1: The Tuscarawas Real Estate Investors Association shall operate on a calendar year.

ARTICLE III
MEMBERSHIP DUES

Annual membership dues will be established by a two-thirds (2/3) majority vote of the Advisory Board and Officers.  Dues shall be established no later than October 31 for the following year. A schedule of the membership dues will be noted on the Membership Application Form.

ARTICLE IV
ELECTIONS OF OFFICERS AND ADVISORY BOARD

SECTION 1: Election of officers for the association shall be held annually.

SECTION 2: The Advisory Board shall consist of four (4) elected officers and six (6) volunteer members at large.

SECTION 3: A Nominating Committee comprised of three (3) association members shall prepare and present a slate of officers to the general membership at the annual meeting of the organization.

SECTION 4:  Additional nominations may be made from the floor.

SECTION 5: Once nominations are closed, all members present shall vote.

ARTICLE V
ADVISORY BOARD

SECTION 1: Meetings of the Advisory Board of the association shall be held as follows: Notice specifying the date, hour and place of all AB meetings shall be determined by the President.

SECTION 2: The Advisory Board shall have the control and management of the business, funds and property of this association.  It may adopt by-laws as provided for in the Constitution of the Association and may promulgate and enforce rules governing the use of the property and privileges of the association and the amount of annual dues and assessments charged to each member.

ARTICLE VI
OFFICERS

Section 1: Officers of the Association shall be elected annually by the general membership. Duties and responsibilities are as follows:

  1. PRESIDENT: The President shall preside at all general meetings of the association and the Advisory Board meetings. He/She shall be the official spokesperson for the association in matters of public policy. He/She shall appoint and be an ex-officio member of all committees and perform all other duties of said office. 
  1. VICE-PRESIDENT: The Vice-President shall, in the absence of the President or upon his/her direction, perform all duties of the President and shall serve as a member of the Advisory Board. 
  1. SECRETARY: The Secretary shall be responsible for keeping record of all the official proceedings of the association and the Advisory Board and shall serve as a member of the Advisory Board. 
  1. TREASURER: The Treasurer shall be responsible for accounting of all monies due, collected and/or disbursed by the association ad shall render a statement/report at each general meeting of the Advisory and shall serve as a member of the Advisory Board.

SECTION 2: Officers of the association shall serve for a term of one (1) year commencing on January 1st through December 31st or continue until their successors have been elected. Any member may be re-elected for the same office, provided his/her term of office does not exceed two (2) consecutive years. 

SECTION 3: Out-going Officers may be appointed to the Advisory Board unless elected to another office. 

ARTICLE VII
VOTING

Section 1: The voting privilege shall be limited as follows: 

  1. At meetings of the membership, only active members in good standing shall have the right to vote. Firms, corporations and partnerships holding a membership shall be entitled to only one (1) vote per household/business to be cast by their dully designated representative. 
  1. Vendors and business members shall be excluded from the voting process. 
  1. At meetings of the Advisory Board, only members of the board shall have a right to a vote. 

SECTION 2:  A majority vote on any measure will be determined as follows:

  1. Two-thirds (2/3) vote of the majority present at any meeting of the membership shall constitute a majority vote.
ARTICLE VIII
COMMITTEES 

SECTION 1:  There shall be the following committees of the association: 

  1. The Nominating Committee shall consist of three (3) volunteer members approved annually by the President. 
  2. Other committees shall be formed on an as needed basis. 
ARTICLE IX 
RULES OF PROCEDURE 

Section 1:  Robert's Rules of Order shall govern the procedures of all meetings of the association, unless inconsistent with the Articles, By-Laws, Constitution or Regulations of the association. 

ARTICLE X 
AMENDMENTS

SECTION 1: These By-laws may be amended by a two-thirds (2/3) majority of the vote of the members of the association presented at a general meeting.  A copy of the proposed action shall be emailed to each member and posted on the association website for member input prior to that meeting 

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