The developer’s role in creating CC&Rs

Homeowners who move into a planned, covenanted community, generally understand that they will be required to abide by some specific rules, including the Declaration of Covenants, Conditions, and Restrictions. Commonly referred to as CC&Rs, these rules largely influence how the community operates.   CC&Rs cover the rights and obligations of HOA members. The document is actually recorded […]

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HOA transitions

When an HOA is turned over from a declarant, developer or builder, and control is given to members who live in the development, this process is referred to as the transition. HOA transitions are critically important to the future health and stability of developments. The group responsible for taking over will almost certainly require professional assistance from […]

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Pro formas for condo developers, sellers and buyers

Whether you are developing, selling or purchasing a condo, a pro forma statement can be a vital tool for decision-making, and minimizing risks associated with investing. But in order to be truly useful, pro forma statements must be based on objective and reliable information. This is the only way to create an accurate projection of […]

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