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DebraR3
(Alaska)
Posts:1
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| 07/18/2008 8:52 AM |
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| I am currently seeking information about HOA in Alaska. The developer is wanting to hand the subdivion over to the current 20 homeowners, even though we have approximately 76 lots in the subdivision. I am considering to apply for one of the BOD position for the Homeowner's assocation. I need some help in finding out more information, how to I obtain sample letters that would address landscaping issues, animal running on the lose and garbage cans left out and any other situations that face subdivision with CC& R's. |
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EllenS1
(Florida)
Posts:328
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| 07/18/2008 4:03 PM |
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| Think about it. Do your docs say more than 20 units must be sold before the developer gets out of the picture? Evidently the developer wants to turn the subdivision over because it will save him money, which expenses would be handed over to the new HOA. I'd be very leary of going ahead with this without knowing all the facts. |
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MaryA1
(Arizona)
Posts:1888
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| 07/18/2008 4:31 PM |
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Posted By DebraR3 on 07/18/2008 8:52 AM
I am currently seeking information about HOA in Alaska. The developer is wanting to hand the subdivion over to the current 20 homeowners, even though we have approximately 76 lots in the subdivision. I am considering to apply for one of the BOD position for the Homeowner's assocation. I need some help in finding out more information, how to I obtain sample letters that would address landscaping issues, animal running on the lose and garbage cans left out and any other situations that face subdivision with CC& R's.
Debra,
Your CCRs should state when the declarant shall transition the assn. to the members. Generally the members are considered Class A voting members and the declarant is considered Class B voting member. The Class A members have one vote per lot, but the Class B member generally has 3 (maybe more) votes for each unsold lot. My assn CCRs state turnover takes place when: 1) the total votes outstanding in the class A membership equals or exceeds the total votes outstanding inthe class B membership; or 2) at the end of 10th year of the effective date (the date the CCRs were recorded); or 3) such earlier time as the declarant shall designate in writing. So, you can see oftentimes the declarant is given a lot of latitude as to when he can turnover the assn to the members.
As for gathering info: I would suggest researching state law to see if there are applicable HOA statutes in Alaska and also read and try to understand all your gov. docs. If you have any questions, please feel free to post them here. There are many people on this forum who will be able to give their opinions. We're not attorneys, so there is no legal advice being dispensed, just our opinions based on our experience.
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