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Governing Document Basics
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Published on Jan 15, 2016
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1.
Governing Document Basics
Michael Montag |
mdm@vf-law.com
Photo by
Jonathan Thorne CC
2.
Laws
Federal, State, Local
Photo by
smlp.co.uk
3.
There are laws covering:
Fair Housing
Debt Collection
Solar Panels
Satellite Dishes
American Flags
Employment
...And that's not all.
Photo by
Woody H1
4.
It's not your job to enforce the law.
Remember:
Photo by
dno1967b
5.
Your Governing Documents!
It is your job to enforce
Photo by
Graylight
6.
Plat
It's a map. Sort of.
Photo by
rlpape
7.
Declaration
Or CC&R's
Photo by
storebukkebruse
8.
Your Declaration contains general property use restrictions
Photo by
Vicki & Chuck Rogers
9.
Your Declaration also creates your association.
Photo by
Chris Smith/Out of Chicago
10.
And gives it power.
Photo by
beninfreo
11.
And creates your assessment obligation.
Photo by
wbeem
12.
75% of everyone
(at least!) to amend Declaration
Photo by
Daquella manera
13.
Bylaws & Articles of Inc.
Create entity and govern operations.
Photo by
Ochre Jelly
14.
Tell you how your association works.
Bylaws
Photo by
mightyohm
15.
Membership
Voting Rights
Photo by
HowardLake
16.
Meetings
Directors Officers
Photo by
Global Integration
17.
Powers
Insurance
Assessments
Photo by
zigazou76
18.
Bylaws are easier to amend.
Photo by
liquidnight
19.
Resolutions & Rules
Photo by
stephg67
20.
Resolution
Technically, every BOD decision is a
Photo by
jev55
21.
Must be derived from a higher authority
Resolutions, Rules, Regulations, etc.
Photo by
TempusVolat
22.
Resolutions are typically procedural
Collections
Enforcement
Insurance
Photo by
havens.michael34
23.
But don't have to be.
Photo by
Virtual Manuscript Library of Switzerland
24.
Everything else.
Photo by
eldeeem
25.
Questions
Michael Montag |
mdm@vf-law.com
Photo by
yewenyi
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