GeorgeS21 (Florida)
Posts: 3,808
Posts: 3,808
Posted:
Hi All,
Got a call today from a friend of the president of the voluntary HOA I sometimes write of ... very interesting circumstances. I listened to his explanation of their circumstances - 52 properties, single family homes on 51 of the 52 properties. Last annual meeting was 18 months ago - 3 directors remaining of the 5 elected. Moderately nice neighborhood with entrance signage, etc.
1. The CC&Rs date from original in 1987 with a modification in 1991 - bad news: MRTA extinguished them in 2017.
2. There is no mention of an HOA in the CC&Rs - bad news: with no HOA discussed, there is no HOA?
3. There are no Bylaws now, nor have there ever been (some in neighborhood were around at the beginning) - bad news: perhaps since no HOA in the CC&Rs there can't be Bylaws, and without Bylaws or specific CCR direction, there is no Board of Directors?
4. The neighborhood is not registered with Florida - bad news: perhaps it never was because there was no HOA?
Has anyone run into this sort of thing? Likely the main Florida specific context is the extinguishment of the CCRs by MRTA - other issues common response by almost all states?
The path forward seems quite long and hard - I advised them of this. Anyone see a recovery path?
Got a call today from a friend of the president of the voluntary HOA I sometimes write of ... very interesting circumstances. I listened to his explanation of their circumstances - 52 properties, single family homes on 51 of the 52 properties. Last annual meeting was 18 months ago - 3 directors remaining of the 5 elected. Moderately nice neighborhood with entrance signage, etc.
1. The CC&Rs date from original in 1987 with a modification in 1991 - bad news: MRTA extinguished them in 2017.
2. There is no mention of an HOA in the CC&Rs - bad news: with no HOA discussed, there is no HOA?
3. There are no Bylaws now, nor have there ever been (some in neighborhood were around at the beginning) - bad news: perhaps since no HOA in the CC&Rs there can't be Bylaws, and without Bylaws or specific CCR direction, there is no Board of Directors?
4. The neighborhood is not registered with Florida - bad news: perhaps it never was because there was no HOA?
Has anyone run into this sort of thing? Likely the main Florida specific context is the extinguishment of the CCRs by MRTA - other issues common response by almost all states?
The path forward seems quite long and hard - I advised them of this. Anyone see a recovery path?