Sounds like those teachers that gave out homework assignments on Friday with a three-day weekend coming up!A thought came to mind during a much needed shower, if you're especially knowledge of these type regs. or like technical writing + research, I'd be willing to send you the draft CCR. I mean who wouldn't jump at that chance on Labor Day weekend, right!?
We are a mere 48 lots so if the 60 is correct and my BoD spent *countless hours* along with a paid to attorney to update our CCR yet they missed that limtation, what else did they miss?From what I read of the new laws, the website requirement applies to HOAs that regulate 60 lots or more. Don't know if that applies to you.
round up the neighbors, get them to attend and vote it down.Having only scanned some of the docs I am FURIOUS right now, please pardon my haphazard presentation.
In the past week the Board of Directors of my TINY neighborhood (<50 small lots) sent the property owners several documents including a 23 page draft to revise the Covenants & Restrictions, again. We just revised the original, 2-page 1970s C&R in 2016 and they became a whopping 6 pages. A portion of the additional pages was the newly formed Architectural Control Committee (their words, not mine). Compliance with the ACC has been widely ignored including by the 2016-current President. These are not expensive properties, I'd be surprised if the most valuable could fetch $160K.
The BoD is claiming "new" State laws require all neighborhoods update their restrictions. Unfortunately our annual meeting is on 9/4 so right now my question is, do such new State laws exist? Link please.
Thanks much for your input.
From what I read of the new laws, the website requirement applies to HOAs that regulate 60 lots or more. Don't know if that applies to you.
From what I read, the 60 lot requirement is just one of them. Other requirements may be in effect even if the HOA doesn't have the 60 lot minimum.We are a mere 48 lots so if the 60 is correct and my BoD spent *countless hours* along with a paid to attorney to update our CCR yet they missed that limtation, what else did they miss?
Folks I'm looking for any/all reasons to toss out the Draft CCR or at the very least delay a vote on accepting it for 1 year.
That's the answer.round up the neighbors, get them to attend and vote it down.
$735 annual for me with 1 lot / 1 boat stall. Others with more property do pay more and compliance is at or near 100% most years, non=compliance issues being when someone is being contrary or has sold w/out payment.Well here's something to chew on. What is the monthly or annual dues for the HOA? What's the compliance rate with payment? What sort of savings does the HOA have? As a property owner you are entitled to statements of how much money is coming in, where its going out to, etc. My next question then is - do they have enough money to actually put up a legal fight, especially if multiple property owners say "F you" and just stop paying / stop complying with the petty bullshit?
The BoD is claiming "new" State laws require all neighborhoods update their restrictions.
$735 annual for me with 1 lot / 1 boat stall. Others with more property do pay more and compliance is at or near 100% most years, non=compliance issues being when someone is being contrary or has sold w/out payment.
Accounting for regular income/expenses, I don't recall our $$ cushion exceeding 5K and definitely not $10K so no, "they" don't have money for excessive legal battles unless owners decide to fund out of pocket.
Financial statements have always been available at annual meetings but since we didn't meet last year, I don't recall getting one and didn't find one searching emails. That has me wondering if current CCR requires all members receive annual statements so down that rabbit hole I go . . .