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Amending Governing Documents
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Published on Mar 10, 2016
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PRESENTATION OUTLINE
1.
Amending Governing Documents
2.
Reasons to Amend
Legislative Changes
Ambiguous
Remove Declarant language
Demographic Change
3.
Amendment vs. Restatement
Photo by
Guillaume Brialon
4.
Process
Identify Reasons
Determine Statutory Requirements
Determine Voting Requirements
Determine Method of Voting
5.
Process Con't
Solicit Feedback
Conduct Vote
Finalize, Sign and Notarize
Secure Governmental Approvals
Record!
6.
When does amendment become effective?
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DafneCholet
7.
Special Requirements
75% of all owners is required for any amendment related to pet restrictions or the rental or leasing of units.
Kevin Harker
Haiku Deck Pro User
http://www.calaw.attorney
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