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 use of both common property and individual lots or units. Rules and regulations are developed in this area to promote conformity and harmonious living.
- Changes in the architectural structure, the construction, or the appearance of lots or units. Rules and regulations are developed in this area in order to:
- Establish and preserve a harmonious design for a community
- Protect the value of the property
- The behavior of residents (owners and tenants), guest and other visitors. Rules are developed in this area because of the possible impact one person’s behavior may have on another person.
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?
- Define the rights and obligations of both the community association and its owners
- Create a binding relationship between each owner and the community association
- Establishes the mechanisms for governing and funding the community association’s operations
- Set forth rules and standards for the:
- Protection of both owners and the community
- Enhancement of property values
- Promotion of harmonious living
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?
- Defines the portions of development owned by the individual owners and those owned by the community association – if any
- Creates interlocking relationships binding all the owners to one another and to the community association for the purposes of maintaining, governing, and funding the development
- Establishes protective standards, restrictions, and obligations in areas ranging from architectural control to prohibitions on various activities in order to promote harmonious living
- Creates the administrative framework for the operation and management of the community association – although many of the specific administrative details are spelled out in the bylaws
- Provides the mechanism for financial support of the community association through assessments
- Provides for a transition of control of the community association from the developer to the owners
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.