DanP (Virginia)
Posts: 7
Posts: 7
Posted:
General Provisions, Section 2 Amendment
At any time within 15 years from date hereof, the covenants and restrictions of this Declaration may be amended by an instrument signed by not less than 90% of each class of Members. They may be amended thereafter by an instrument signed by not less than 75% of the Members. Written notice of any proposed amendment shall be sent to every Owner at least 60 days in advance of any action taken.
Question 1- Does this mean that only the covenant and restrictions can be changed using this process?
Article II Membership
Every person or entity who is or becomes a record owner of a fee or undivided fee interest in any Lot which is subjected to this Declaration, including contract sellers, shall be entitled to become a member of the Association. The foregoing does not intend to include persons or entities who hold an interest merely as a security for the performance of an obligation, nor trustees under any instrument securing such an obligation. No Lot shall represent more than one membership.
Question 2- This passage simply asserts the right of owners to become a member, and does not exclude anyone from membership. Is that a covenant or restriction? Can this passage be amended?
At any time within 15 years from date hereof, the covenants and restrictions of this Declaration may be amended by an instrument signed by not less than 90% of each class of Members. They may be amended thereafter by an instrument signed by not less than 75% of the Members. Written notice of any proposed amendment shall be sent to every Owner at least 60 days in advance of any action taken.
Question 1- Does this mean that only the covenant and restrictions can be changed using this process?
Article II Membership
Every person or entity who is or becomes a record owner of a fee or undivided fee interest in any Lot which is subjected to this Declaration, including contract sellers, shall be entitled to become a member of the Association. The foregoing does not intend to include persons or entities who hold an interest merely as a security for the performance of an obligation, nor trustees under any instrument securing such an obligation. No Lot shall represent more than one membership.
Question 2- This passage simply asserts the right of owners to become a member, and does not exclude anyone from membership. Is that a covenant or restriction? Can this passage be amended?