ShannonC2 (Wisconsin)
Posts: 4
Posts: 4
Posted:
Hi,
I am on my Homeowners Association Board and we are facing a residing issue that has raised a question pertaining to the bylaws for our HOA. Currently, we are not allowed to use any vinyl or metal products on the front on our homes. Due to a huge issue with the siding that is currently on our homes (which are all less than 9 years old), we need to reside our homes. Many of the homeowners have raised the question as to whether we can amend the bylaws.
In the current bylaws, we have the following section pertaining to amendments:
"These covenants are to run with the land and shall be binding on all parties and all persons claiming under them for a period of thirty (30) years. From that date these covenants shall be automatically extended for successive periods of ten (10) years unless an instrument signed by the majority of the then owners of the lots has been recorded, agreeing to change said covenants in whole or in part."
I can see how these statements can be interpreted a couple of ways:
1) either we can't change the bylaws in any way until after the first 30 years (which would be in 2032)
2) or we can change them at any time with a majority vote
I am wondering if anyone else has encountered such a clause in your bylaws and what you have done to address this issue?
Thanks!
Shannon
I am on my Homeowners Association Board and we are facing a residing issue that has raised a question pertaining to the bylaws for our HOA. Currently, we are not allowed to use any vinyl or metal products on the front on our homes. Due to a huge issue with the siding that is currently on our homes (which are all less than 9 years old), we need to reside our homes. Many of the homeowners have raised the question as to whether we can amend the bylaws.
In the current bylaws, we have the following section pertaining to amendments:
"These covenants are to run with the land and shall be binding on all parties and all persons claiming under them for a period of thirty (30) years. From that date these covenants shall be automatically extended for successive periods of ten (10) years unless an instrument signed by the majority of the then owners of the lots has been recorded, agreeing to change said covenants in whole or in part."
I can see how these statements can be interpreted a couple of ways:
1) either we can't change the bylaws in any way until after the first 30 years (which would be in 2032)
2) or we can change them at any time with a majority vote
I am wondering if anyone else has encountered such a clause in your bylaws and what you have done to address this issue?
Thanks!
Shannon