Attorney Fees Pay attorney fees to negotiate and complete any annexation agreements Amendment to Declaration/Bylaws/Articles Pay all costs including attorney fees associated with governing documents Landscaping Issues Common Areas; complete within ____ days of annexation Provide as built drawings – lines, rotors, controllers and clocks, and right to reject Walk through before turning overGo to Newsletter
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As 2011 nears, many boards and managers find themselves in the midst of budget season. If your community was created after July 1, 1992, it is subject to the budget process laid out in CCIOA. Although this process sets forth lots of requirements, it also creates latitude for associations whose documents set forth more stringentGo to Newsletter
Experience has proven that a manager who takes the effort to avoid the five practices listed below benefits both from reduced liability and the increased professionalism that he/she exhibits in dealing with boards, vendors, and developers. 1. Do not exceed documented authority to act The contract between the manager and the association and the minutes/resolutionGo to Newsletter
Traditionally, most management agreements contain a provision known as a “hold harmless” clause. Such clause generally indemnifies and holds harmless a manager from claims arising from situations he or she did not cause or were forced to participate in by virtue of his or her subservient role as agent of the association. Hold harmless clausesGo to Newsletter
Introduction Associations are generally formed to perform many tasks on behalf of the owners within the common interest community. In order to perform these tasks, there must be sufficient monies. Thus, a funding mechanism is provided through the levying of assessments. The declaration for a community generally contains a provision addressing how the yearly assessmentGo to Newsletter