ABC’s of HOAs

$149.00

SKU: 411279

Description

Gain a better understanding of common interest communities and their valuable role in todays modern neighborhoods.
Common interest communities consisting of homeowner, condominium and cooperative associations are now a ubiquitous throughout the United States. While legally different, they share many common characteristics in governance and operation and unfortunately sometimes a negative reputation in the eye of the general public and the media. This course will provide a broad overview of the creation, operation and governance of common interest communities and will attempt to dispel some of the negative myths associated with them. Whether you are a developer, attorney, board member or a homeowner you will gain a basic understanding of common interest communities and their valuable role in todays modern neighborhoods.

Date: 2024-07-17 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to identify common interest communities.

* You will be able to review the hierarchy of laws.

* You will be able to discuss the role of the association.

* You will be able to explain the rights of the owners.

Formation of Common Interest Communities
• What Is a Common Interest Community?
• What Are the Types of Common Interest Communities?

Hierarchy of Laws
• Federal Law
• State Law
• Administrative Code
• State Division of Regulating Community Associations

Common Interest Community Documents
• Covenants, Conditions and Restrictions / Declaration of Condominium / Cooperative Master Proprietary Lease Basically the Constitution of the Community
• Articles of Incorporation Establishes the Corporation.
• Bylaws – Operations Manual on How to Run the Association
• Architectural Guidelines
• Board Adopted Rules and Regulations

Developer Control to Owner Control
• Developer Control
• Owner Control

What Is the Role of the Association in These Communities?
• Maintain, Repair, Replace and Protect the Common Property
• The Board of Directors and Officers

Rights of Owners

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Richard D. DeBoest II, Esq.-Goede, DeBoest & Cross, PLLC