New HOA forming

Started by AnthonyR • 10 replies • 2461 views

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AnthonyR (Florida)
Posts: 6

Posted:

We will be forming a new HOA for our subdivision, and I would like to know who can be directors, and the list of officers position.this will be in located in central Florida

LarieG
Posts: 4

Posted:

Hello,
This reply will not answer your question. Sorry. I do have a quick question for you though. How long did it take your developer to release the HOA to the homeowners? I am in the process of purchasing a home in a new development as well.

Thanks
LG

AnthonyR (Florida)
Posts: 6

Posted:

tHE SUBDIVISION IS 80% FILLED, AND NOW THE DEVELOPER IS TURNING THE HOA OVER. OUR FIRST MEETING IS COMING VERY SOON, AND I DON.T KNOW MUCH ABOUT HOA'S BOARD OR OFFICERS POSITIONS. SHOULD YOU FIND OUT ANYTHING FURTHER PLEASE LET ME KNOW.

hoatalk (California)
Posts: 599

Posted:

For great basic information on HOAs and how to run them, you will want to check out caionline.org. Click Publications on the left side.

Click the Bookstore link. Click Board Member Resources. Browse the other categories as well, but one book that looks interesting for you may be:

Developer Transition
How Community Associations Assume Independence

Item #: 5923
Retail Price: $25.00
Member Price: $15.00
Quantity in Basket: none

Contains information on various methods of transfer and the legal framework within which the transition takes place—including how to draft legal documents. Includes a transition checklist and much more!

HOATalk.com, A free service of Community123.com
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CLICK HERE to get a FREE trial community website
*See legal notice below (end of page)

WardellD (Washington)
Posts: 64

Posted:

There are a lot of good books out there to review and another good web site to get information from is http://www.associationtimes.com.

I recommend that you make sure you have the homeowners supporting you and look into getting a management company to help you set up. Review you By-laws and CC&R’s and insure that the homeowners agree with them before the developer turns it over to you. If changes are needed have the developer make the changers before turning them over. Have one or two meeting before everything is turnover to insure everyone understands what they are getting into. Get the newsletters out there and get everyone involved. Here is our web site http://www.cp2hoa.com.

Good luck

AnthonyR (Florida)
Posts: 6

Posted:

Thanks a great deal for this info, I'm sure this will assist in getting to know about HOA's. I'll be going to this link shortly. Again thanks.

AnthonyR (Florida)
Posts: 6

Posted:

Thanks for this info. Just what are CC&R's? once known I can then relate this to other homeowners.

RogerB (Colorado)
Posts: 5,067

Posted:

AnthonyR, CC&R's is short for The Declaration of Covenants, Conditions and Restrictions of your homeowners association.
Often referred to as Declaration, or Covenants, or CC&Rs.

Roger

WardellD (Washington)
Posts: 64

Posted:

Get with the homeowners and take a vote as for paying someone to help you set the HOA up. The developer should have been collecting the assessment from the homeowners, with that money it would be wise to pay to have someone come in and help you set up the homeowners association.

AnthonyR (Florida)
Posts: 6

Posted:

Thank you, RogerB

AnthonyR (Florida)
Posts: 6

Posted:

I will pool the homeowners at the meeting to see if we can do this so we can start off correctly. Thanks for your input WardellD

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