YOUR
ASSOCIATION DOCUMENTS--SHOULD THEY BE REVISED?
Many community association Board members wish to rewrite the association's
documents. Board members or residents may feel the documents are
outdated and do not meet the needs of the community. Some items
for consideration when redrafting documents are contained in this
article.
The association's documents include the Declaration of Restrictions
or Declaration of Condominium or ground lease, the Articles of
Incorporation, by-laws, and rules and regulations. Homeowner associations
utilize the declaration of restrictions; condominiums the declaration
of condominium; and cooperatives the ground lease.
In addition to the association documents, community associations
are controlled by a number of different Florida statutes, portions
of the Florida Administrative Code, and by judicial and administrative
decisions.
The
association's documents have been compared to "the constitution"
for a community. The documents govern most aspects of community
living, including use restrictions, assessments, voting rights,
and use of the common facilities.
Many documents of communities, established 15 or 20 years ago,
contain provisions which may not be relevant to current operations
of the association.
Communities change over the years. The resident mix may change
from a "snowbird" or a "retiree" community,
to a community with a majority of working residents, some with
children and/or possibly a significant number of lessees.
As the residents change, a revision of the association's by-laws
and/or rules regulating use of the common areas should be undertaken.
In some cases, it may be allowable to adopt rules controlling
leasing, guest and occupancy restrictions, age limitations, parking
and unauthorized vehicles, towing, and pet restrictions. The documents
may be changed to reflect the wishes of the community, based upon
the amendment requirements of the individual documents.
Homeowner association "deed restrictions" and Declarations
of Condominium generally require a significant percentage of the
owners to approve amendments. Many association's By-Laws may be
amended by approval of a lesser percentage of owners, or in some
cases, by the Board of Directors of the association. In most instances,
rules and regulations are established by the Board of Directors
of the association and can be changed by the Board with appropriate
notice to the owners.
Many association's documents also refer to the "developer".
Documents are originally drafted by the developer's attorney and
may reflect an outlook that is favorable to the developer's sale
and operation of the community. After the developer has completed
sale of the properties, certain provisions relating to the developer
may not be relevant.
It is not always worth the time and money to revise that portion
of the documents which refer to the developer. An example is a
multiple class of stock provision in homeowner association declarations,
which allow a developer to retain control of an association during
a prolonged buildout. After he has "sold out", the class
A/class B stock provision is ineffective and has no bearing on
the associations operations. Even though the provision is no longer
effective, it may be useful to incorporate a deletion of such
provisions when trying to "sell" a general revision
of the documents to the residents.
Significant changes have been made to the statutes and administrative
rules which control community associations.
Almost all community associations have a not-for-profit corporation,
as the operating entity. This corporation is governed by Chapter
617, the Not-For-Profit Corporation Act, of the Florida Statutes.
In recent years, this Act has been significantly amended. The
Act specifically defines allowable corporate powers, emergency
powers, the standard of care, or legal duty of directors, and
addresses indemnification and liability of officers, directors,
employees and agents. Corporate records are defined and inspection
of the records by members is also addressed.
The provisions of Chapter 607, the Florida Business Corporation
Act, do not apply to any not-for-profit corporations. Many older,
not-for-profit corporations were established when Chapter 607
also controlled not-for-profit corporations. The documents of
the older not-for-profit corporations should be reviewed for compliance
with Chapter 617.
Chapter 720 addresses Homeowner Associations. The Chapter contains
certain rights of owners and voting and election procedures. This
act may see significant changes in the future.
The Florida Condominium Act, Chapter 718 of the Florida Statutes,
has been a favorite of the Florida Legislature when it comes to
annual revisions. Some of the changes effect the operation of
the association and override conflicting documents. Some new statutory
provisions require the association to promulgate certain documents,
and if adopted create additional rights for the association.
The following rights and authority must be contained in the Declaration
of Condominium or by-laws to be utilized by the association. These
provisions should be reviewed due to the new statutory requirements:
association insurance coverage; association fidelity bonding;
indemnification provisions for officers and directors; association
rule making authority; fining authority and procedures; procedures
for late fees or delinquent assessments; and association rule
making authority.
A condominium association is required to adopt a Question and
Answer Sheet, a hurricane shutter rule, rules pertaining to owner
participation at board meetings and members' meetings, rules relating
to posting notice for board and unit owner meetings, rules pertaining
to inspection and copying of association records, and notice to
owners concerning insurance requirements.
Cooperatives are governed by chapter 719 of the Florida Statutes,
which also has been significantly changed in recent years. New
requirements effect board meetings, voting, notice of share holder
meetings, the election process, and the keeping of reserves, among
other issues.
Active associations should appoint a committee to review and revise
the association's documents, with the advice of legal counsel.
Revisions may be necessary due to changes in the community and
the relevant statutes. The community association is a multi-million
dollar business. Real estate of significant value and substantial
budgets are controlled by the association. The association, through
the Board of Directors, is legally responsible to operate and
maintain the community pursuant the documents and the law. Up
to date, relevant documents allow the association members and
the board of directors to understand and fully carry out the obligations
of the association. A well-run association, with informed residents,
enhances property values and creates a more congenial lifestyle.
This article is general in nature and is not intended to render
specific legal advice. I recommend you contact an attorney who
concentrates in community association law to determine if your
association's documents need a legal "tune-up".
By: Joseph R. Cianfrone, Esq.