Posts tagged CC&Rs
The 5 Key Elements Of Your Legally Binding CC&Rs

For Homeowners either living in communities governed by Homeowner’s Associations or for those considering buying property located in such communities, how the application of Covenants, Conditions, and Restrictions (CC&Rs) might impact the use and enjoyment of any property located in such a community is an important consideration.  This article is designed to give homeowners who are part of an HOA community or those who are considering becoming part of a homeowners association a snapshot view on how to address the various concerns that arise with regard to CC&Rs.

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Answering Your Most Pressing Homeowners’ Association CC&R Questions

Little did you know when you first got into home ownership that your brain would be flooded with a plethora of new acronyms to comprehend. Whether a dispute has arisen, or you are about to participate in the conveyance of a property that part of an HOA, it is likely you have a now developed a sudden interest in what are termed “covenants, conditions, and restrictions,” knows as CC&Rs.

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What Are HOA Documents?

Too many terms and acronyms are thrown around and used interchangeably when folks are discussing homeowners' association documents. Sometimes when people are referring to the entire suite of homeowners' association documents, they will use the term CC&R, which stands for covenants, conditions, and restrictions. In fact, CC&Rs are just one part of the association's documentation. This article will distinguish CC&Rs from the other documents you need to know including articles of incorporation, bylaws, rules, and regulations, and financial documents.

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Do Members Have The Right to Inspect And Copy HOA Documents?

Homeowners' Association laws vary considerably from state to state.  But the right of homeowners to inspect association documents is uniformly recognized.  After all, as a homeowner, you are a member of the association, and the ultimate purpose of any association is to benefit homeowners.  Just as the shareholders of a corporation have a right to know about the financial status, management, and assets of the business they own, so, too, do HOA members have a right to stay abreast of association budgets, expenditures, and financial transactions.

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