Take Action today have one of our Legal Members help with a comprehensive, custom-tailored for your community updates to all three documents—the Declaration, the Bylaws, and the Articles of Incorporation
Are your community Documents Updated?
Homeowners Associations and Condominium Associations have three governing documents: the Declaration, the Bylaws, and the Articles of Incorporation.
The Declaration is the “contract with the membership” – it contains things like pet restrictions, vehicle restrictions, guest rules, the ability to do background screening on incoming buyers and tenants, insurance obligations, and other things that affect every community member’s everyday life.
The Bylaws are your go-to for procedures such as who gets to vote? How many members comprise the board? When are your elections? Who can be on the board? Who can call meetings? When is the annual meeting?
And the Articles of Incorporation are your contract with the State of Florida that incorporate you as a corporation-not-for-profit.
All three documents reference one another, and it’s important to have congruency.
Take Action today have one of our Legal Members help with a comprehensive, custom-tailored for your community updates to all three documents—the Declaration, the Bylaws, and the Articles of Incorporation
Covid-19 has brought many changes; every community should have these added to their governing documents.
The Process of updating governing documents.
The board shoulders a bit more responsibility – giving us lots of information about your association—and then we collaborate together on the tougher provisions, ensuring you have the very best guidance and governing documents that are perfect for your community.
- Search of original documents and amendments all the way through the mailing of proxies and finally recording of your new documents..
- Our presence at town hall meetings, board meetings, or assistance with mailings.
- There will be a lot of questions from owners, we can help answer these for your community.
Legal Members can provide not only guidance about your community standards, but also lots and lots of ideas from all of the other communities with whom we work! Some of the most popular updating provisions these days include: preventing AirBNB and sober homes, creating a non-smoking building (while grandfathering in current residences), eliminating investors, protecting the association from corporate takeover, and screening new residents and tenants for criminal histories and good credit references!
We are here to help protect and modernize your community!
How much time does it take to update documents?
This depends quite a bit on you! As soon as you retain our services with payment, we send you a packet of information you need to get started. We also are ready to schedule your telephone conference within the following fourteen days. That said, some associations need a bit of extra time—someone’s on vacation, or it’s hard to coordinate calendars with everyone. (And that is perfectly alright!)
You will also have an opportunity, after our phone conference, to review everything before we create your docs. Rewriting 60-100 page documents takes a bit of time! We ask for six-to-eight weeks to create your new documents, and then we send them to you.
Once you get them, you’ll start “getting the vote” in your community! Some Associations can do this within a few weeks—and for others, the process can be months! This timeline is what fits best for your community, and we are happy to provide support in any way needed.
Updating governing documents can be an exciting time for your community—there are so many incredible updates to protect and modernize your association!
Tags: Board of Directors, Condo and HOA, Management News