What is covenants?
Covenants is a binding agreement between the association and the owner.
What is a community association?
A community association is a group of owners who wish to provide a communal basis for preserving, maintaining, and enhancing their homes and property.
What is the purpose of a community association?
The primary purpose of a community association is to provide for the governance, business, and communal aspects of the association. This is achieved by administering, maintaining, and enhancing a residential real estate development, and through the establishment of a system of property rights, binding covenants and restrictions, and rules and regulations.
Why is the enforcement of covenants so important?
Covenant enforcement is important in community associations because it helps protect property values by ensuring that all owners abide by their governing documents.
What are architectural guidelines?
Architectural guidelines are rules that apply to the appearance of an owner’s lot or the exterior of his or her unit or improvements.
What is the purpose of community rules and regulations?
In a community association, rules and regulations outline expected behavior, identifies limitations, and governs the community in three areas.
These areas include:
What is the purpose of governing documents?
The purpose of community association governing documents is to provide for the legal structure and operation of the community.
How can I obtain a copy of my governing documents?
Community association governing documents can usually be obtained through your managing agent. In addition, they are usually provided to the purchaser at least 72 hours prior to the resale of a home. These documents are known as Resale Disclosure Documents.
What is the purpose of CC&R’s (Covenant, Conditions, and Restrictions)?
What is a homeowner’s association?
A homeowner’s association is an association where as the owner own his or her lot and/or living unit. The community owns any common areas, such as playgrounds, tennis court, recreational facilities, and roads for the use and benefit of the lot owners.
What is a condominium association?
A condominium association is an association where as an individual owns his or her unit and an undivided interest in the common elements of the community.
What are state statutes?
Statutes are laws written and adopted by legislatures or administrative agencies.
What are bylaws?
Bylaws are formally adopted governing regulations for the administration and management of a community association. Homeowner associations, condominiums, and cooperatives all have bylaws. Sometimes bylaws are developed as part of the declaration.
What is the turnaround time for obtaining a completed baseline covenant inspection?
The turnaround time for obtaining a completed baseline covenant inspection is determined based on the size of the community and number of units or lots. They are usually completed within 30 to 60 days.
How much does your service cost?
Our prices are determined based off the size of the community, number of units or lots, and type of service requested. Contact us today to obtain pricing.