JasonL (Illinois)
Posts: 10
Posts: 10
Posted:
Numerous homeowners in my subdivision feel the developer of our subdivision made an amendment to our CC&R's illegaly. My main question is, when does an amendment become legaly binding? I was under the impression it becomes valid on the day it is recorded with the recorder of deeds in the county courthouse. The reason this is in question is, the developer never mentioned or turned over a copy of this amendment to the HOA until six months after the turnover date to homeowner control. On the amendment paperwork, it was notarized on the exact day he turned the association over to us homeowners, but the amendment was never recorded with the recorder of deeds until five months later. Not to mention, the footer note at the bottom of the page which has his attorney's computer file name on it with a date showing it was not created until two days after the turnover date. What really concerns us homeowners is, the amendment gives the developer the right to amend anything in the CC&R's untill he sells 100% of the lots in the subdivision. He did not have this power in the origional CC&R's.
Thanks in advance,
Jason
Thanks in advance,
Jason