top of page
Untitled-dsdsdsdsds1 (1).png

BYLAW AM

WHAT IS A BYLAW AMENDMENT?
  • Associations are not legally required to amend their documents but-

  • Directors can be misled as to their duties and responsibilities by relying on outdated provisions

  • The legal documents may not accurately set forth the legal requirements for preparation and distribution of financial reports

  • The legal documents may provide certain limits for notices of meetings that may no longer be legally correct because of statutory changes.

  • Members may be misled into believing the documents accurately’ describe members’ rights, legal procedures, etc.

  • Documents may fail to take advantage of liberalized rules regarding meetings, participation by members, telephone meetings, etc.

  • Why should HOA documents be amended?

  • To eliminate obsolete provisions

  • To eliminate provisions no longer observed or enforced

  • To eliminate provisions that conflict with current laws

  • To eliminate provisions required by the Department of Real Estate in a start-up project that are no longer needed

  • To eliminate developer privileges no longer being used, such as two-class voting or exemption from use restrictions.

  • To improve poorly drafted documents by clarifying ambiguous provisions

  • To tailor documents to fit the living experience of owner/members

  • To provide for changes in technology (satellite dishes, home office use, etc.)

  • To make documents more “user friendly” - better organization, add a table of contents and descriptive paragraph headings, etc.

  • To eliminate or correct mistakes and errors.

STAY IN TOUCH

Subscribe for updates!

Thanks for submitting!!

PAGES

Home
Plans & Pricing
About
Contact
Forums
Process

CONNECT WITH US

  • Pinterest
  • LinkedIn
  • Instagram
  • Facebook
  • Twitter
  • YouTube

© 2020 HOA EVOTE

bottom of page