|
|
|
|
|
|
| IHG Insurance (National Insurance Provider) |
| Providing Community Association Insurance for over 25 years: D&O Liability, Crime Products, Umbrella Coverage and Property Manager's Errors & Omissions Liability. |
|
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
| Author |
Messages |
|
KevinK7 (Florida)
Posts:256
 |
| 03/10/2010 11:22 PM |
|
I was curious as to how exactly renewing covenants worked. Here is an excerpt from a set of covenants: These Covenants and Restrictions are to run with the Subdivision and all of the Lots and the Property located therein and shall be binding on all parties, grantees, and all persons claiming under them for a period of thirty (30) years from the date of recording thereof, after which time they shall be extended automatically for successive periods of ten (10) years, unless an instrument signed by a majority of the then Grantees has been recorded agreeing to the modification, amendment or revocation of these Covenants and Restrictions.' If the covenants state that they are binding for a period of 30 years, then does this mean that the covenants can be amended or renewed any earlier then the 30 years, or must the 30 year period be reached, and then renewed or face automatic renewal? |
|
|
|
|
RichardP13
Posts:487
 |
| 03/10/2010 11:41 PM |
|
| I read them to say they stay in place for 30 years at which time they could automatically renewed in 10 year periods, or can be amended, modified or even throw out with a vote of the majority of the members and properly recorded. |
|
|
|
|
MaryA1 (Arizona)
Posts:6875
 |
| 03/11/2010 4:02 AM |
|
Kevin, It's hard to say since I don't have access to the whole provision of your CCRs regarding the term and admendments. My CCRs read: "As amended and supplemented from time to time, this declaratin shall continue in full force for a period of 20 yrs." However, IMO, what you have written could be construed to mean that they CAN be amended during the 30-yr period, i.e. "unless an instrument signed by a majority of the then Grantees has been recorded agreeing to the modification, amendment or revocation of these Covenants and Restrictions." I would suggest contacting an HOA attorney for a legal opinion. |
|
|
|
|
JohnB26 (South Carolina)
Posts:274
 |
| 03/11/2010 4:19 AM |
|
Posted By MaryA1 on 03/11/2010 4:02 AM Kevin, It's hard to say since I don't have access to the whole provision of your CCRs regarding the term and admendments. My CCRs read: "As amended and supplemented from time to time, this declaratin shall continue in full force for a period of 20 yrs." However, IMO, what you have written could be construed to mean that they CAN be amended during the 30-yr period, i.e. "unless an instrument signed by a majority of the then Grantees has been recorded agreeing to the modification, amendment or revocation of these Covenants and Restrictions." I would suggest contacting an HOA attorney for a legal opinion.
MaryA1, Slightly off topic, but, how can a potential buyer into a HOA perform 'due diligence' when even the 'experts' can't understand the CCRs? Food for thought.  |
|
|
|
|
MaryA1 (Arizona)
Posts:6875
 |
| 03/11/2010 4:33 AM |
|
John, I guess they just do the best they can! BTW, who are the "experts" who can't understand the CCRs? All the people whom I've ever met who set themselves up as "experts" portray the image that they know everything, otherwise they wouldn't be an expert! LOL |
|
|
|
|
TimB4 (Virginia)
Posts:530
 |
| 03/11/2010 4:55 AM |
|
Mary, You have that slightly wrong. An "expert" is one is willing to admit when they don't know something, takes the time to research and comes back with the answer or a list of possible interpretations. Those that claim to be an "expert" because they know everything on the topic is only lying to them-self and anyone who takes there word at face value. The old saying of Trust BUT VERIFY is best for anyone volunteering their time for the Association. Tim |
|
|
|
|
MaryA1 (Arizona)
Posts:6875
 |
| 03/11/2010 5:02 AM |
|
Tim, I agree with you. I was only talking about the thinking of people who "claim" to be experts. |
|
|
|
|
MichaelK11 (Texas)
Posts:383
 |
| 03/11/2010 5:07 AM |
|
If there is a (separate) provision for amendment that does not restrict according to time, then they can be amended at any time, according to that provision. I expect that there is. If there is another provision for renewal, then they can be renewed according to that. I suspect there is not. Perhaps your covenants allow for amendment or dissolution (revocation) based on a supermajority; but at the thirty year anniversary and every ten years thereafter allow for action by a simple majority; and if no action is taken on those anniversaries they renew automatically. |
|
|
|
|
JohnB26 (South Carolina)
Posts:274
 |
| 03/11/2010 6:29 AM |
|
Posted By MichaelK11 on 03/11/2010 5:07 AM If there is a (separate) provision for amendment that does not restrict according to time, then they can be amended at any time, according to that provision. I expect that there is. If there is another provision for renewal, then they can be renewed according to that. I suspect there is not. Perhaps your covenants allow for amendment or dissolution (revocation) based on a supermajority; but at the thirty year anniversary and every ten years thereafter allow for action by a simple majority; and if no action is taken on those anniversaries they renew automatically.
EXCELLENT EXPLANATION |
|
|
|
|
KevinK7 (Florida)
Posts:256
 |
| 03/11/2010 7:00 AM |
|
There are only two sections of my covenants that regard the extension of covenants. The first is what I had posted above, with the added paragraph below: The rights of the Developer herein granted to enforce these Covenants and Restrictions shall continue for a like period of time. Any lot Owner or his designated agent, the Architectural Control Committee and the Homeowners Association, or their respective successors and assigns, and each of them shall have the primary right to enforce the provisions hereof, and in addition to the other remedies provided herein, by suit at law or equity for injunctive relief, damages or otherwise in any court in the State of Florida having jurisdiction thereof. The other paragraph involving amending covenants goes as follows: Any Property Owner shall have the right to enforce the Covenants and Restrictions placed on the Property by this instrument and, in addition, XXXXXXXXXXX, Inc, retains the exclusive right to amend, modify, change, or eliminate any or all of said Covenants and Restrictions on any of the Property which is owned in fee simple by XXXXXXXXXX, Inc. at the time such amendment, modification, change or elimination and further provide that no change in any of the said Covenants and Restrictions shall be made without the written consent of XXXXXXXXX, Inc. or the XXXXXXXXXX Foundation even though such entity may have no real property to be benefited by these Covenants and Restrictions. The organizations mentioned in which I had blocked out the name above are not the homeowners association but a local non-profit charity that had once owned the land many of the local neighborhoods sit on. |
|
|
|
|
MichaelK11 (Texas)
Posts:383
 |
| 03/11/2010 7:08 AM |
|
Posted By JohnB26 on 03/11/2010 6:29 AM EXCELLENT EXPLANATION Thanks for the kind words, John. |
|
|
|
|
RogerB (Colorado)
Posts:4351
 |
| 03/11/2010 9:01 AM |
|
Posted By KevinK7 on 03/10/2010 11:22 PM I was curious as to how exactly renewing covenants worked. Here is an excerpt from a set of covenants: These Covenants and Restrictions are to run with the Subdivision and all of the Lots and the Property located therein and shall be binding on all parties, grantees, and all persons claiming under them for a period of thirty (30) years from the date of recording thereof, after which time they shall be extended automatically for successive periods of ten (10) years, unless an instrument signed by a majority of the then Grantees has been recorded agreeing to the modification, amendment or revocation of these Covenants and Restrictions.' If the covenants state that they are binding for a period of 30 years, then does this mean that the covenants can be amended or renewed any earlier then the 30 years, or must the 30 year period be reached, and then renewed or face automatic renewal?
Just went through this with an HOA. It means they can not be amended for 30 years from the date of filing. However, if amendments are desired remember to get them approved and file them to take effect at the end of that 30 year period and before they are renewed for another 10 years. |
|
Roger Borcherding Official HOATalk.com Sponsor DARCO Property Management (Colorado) (303) 925-0150  *See legal notice below (end of page) or go to www.hoatalk.com/legal |
|
|
KevinK7 (Florida)
Posts:256
 |
| 03/11/2010 10:50 AM |
|
How would one indicate that the amended covenants are to take effect at the end of the 30 year period? Currently, my covenants were authored in 1983, but were amended 2 years ago (questionably by some accounts), but the association that had amended them have been trying to enforce them from the date of filing, threatening legal action regarding assessments that were not found in the original covenants but were written into the new set... I had posted previously about this before, but there had been little developments in the court case involved, and I have been constantly reviewing paperwork, with this excerpt being of particular interest to me at the moment... |
|
|
|
|
DarleneL1 (Florida)
Posts:97
 |
| 03/19/2010 5:27 AM |
|
| Remember to check your CC&Rs after 30 years, they may be expired by MRTA (Marketable Record Title Act). Many communities don't realize that unless they revitalize the covenants in Florida, MRTA expires them on a lot in 30 years. |
|
|
|
|
SureshD (Florida)
Posts:172
 |
| 03/19/2010 6:48 AM |
|
| An "EXPERT" is someone who has MADE all the MISTAKES! ;) |
|
|
|
|
DavidC24 (Florida)
Posts:31
 |
| 05/01/2010 9:18 PM |
|
Our covenants state the following: "The covenants and restrictions of this Declaration shall run with and bind the land, for a term of twenty (20) years from the date this Declaration is recorded, after which time it shall be automatically extended for successive periods of ten (10) years." This means the deed restrictions would not run with and bind the land after 20 years if it did not automatically extend. It has nothing to do with amending the covenants. We have amended the covenants 4 times in the past 16 years with appropriate votes(2/3 of voting members). |
|
|
|
|
|
| You are not authorized to post a reply. |
|
|
General Legal Notice: The content of forum messages are from the posting member and have not been reviewed nor endorsed by HOATalk.com. Messages posted by HOATalk or other members are for informational purposes only, are not legal or professional advice and do not constitute an attorney-client relationship. Readers should not act upon this information without seeking professional counsel. HOATalk is not a licensed attorney, CPA, tax advisor, financial advisor or any other licensed professional. HOATalk accepts ads from sponsors but does not verify sponsor qualifications nor endorse/guarantee any sponsor's product or service. HindmanSanchez Legal Notice: (For messages posted by HindmanSanchez) This message has been prepared by HindmanSanchez for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Members of HOATalk.com should not act on this information without seeking professional counsel. Please do not send us confidential information unless you speak with one of our attorneys and get authorization to send that information to us. If you wish to initiate possible representation, please contact an attorney in our firm. Our attorneys are licensed to practice law in the state of Colorado only. Legal Notice For Messages Posted by Sponsoring Attorneys: This message has been prepared by the sponsoring attorney for informational purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute an attorney-client relationship. Readers of HOATalk.com should not act on this information without seeking professional counsel. Please do not send any sponsoring attorney confidential information unless you speak with the sponsoring attorney or an attorney from the sponsoring attorney’s firm and get authorization to send that information to them. If you wish to initiate possible representation, please contact an attorney in the firm of the sponsoring attorney. Sponsoring attorneys that post messages here are licensed to practice law in a specific state or states as indicated in their message signature or sponsor’s profile page. (NOTE: A ‘sponsoring attorney’ is an attorney that is a HOATalk.com official sponsor and is identified as such in the posted message or on our sponsor page.)
|
|