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HOMEOWNERS ASSOCIATION MANAGEMENT

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     BC Communities

     4905 Mermaid Blvd.

     Wilmington, DE 19808

 

     302.234.7710 phone

     302.234.7718 fax

 

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Association 101Homeowner Association Terminology... Who's who

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Rules and Regulations

 

- Sets forth the operational powers or provisions and use restrictions adopted by the association

- Legal Docs for Homeowner Associations and the Hierarchy of such Documents

 

Subdivision Plan

 

- Describes the location and nature of the common property and the individual lots

 

Property Deeds

 

- Comprise the individual lot deeds and the deeds to common property which give a legal

  description of the property  

 

 

The Declaration of Covenants, Conditions, and Restrictions (CC&Rs)

 

- The Declaration of CC&Rís is the collection of covenants imposed on all property within

   the development and provides:    

              - For automatic association membership of all owners and the basis for voting rights

              - The obligation of each owner to share in funding the cost of association operations

              - Certain restrictions (architectural control and other rules) on the use of the property and the 

                associationís enforcement powers

              - Sets forth the power and authority of the association to own and maintain the common

                property and to make and enforce rules   

 

Articles of Incorporation

 

- Creates the association as a legal entity under state corporate statute; defines the board powers

   and responsibilities of the association and its membership; and, sets forth the process for creating the

   board of directors, voting system, etc.        

- Bylaws-implements, in specific detail, the provisions of the CC&Rs and the Articles of

   Incorporation regarding the association operations, including delineation of the meeting process, 

   election procedures,  powers and duties, board meetings, committees, insurance requirements,

   rule-making and enforcement process                        

- Rules and Regulations-sets forth the operational powers or provisions and the use restrictions

  adopted  by the association   

 

 

 

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