BeckyW (Georgia)
Posts: 34
Posts: 34
Posted:
Our community has some poorly written, contradicting, and old-style Covenants which were boiler-plated from somewhere and definitely benefited the developer as they built out the community.
The sticking point to changing them is that our Covenants require a 90% approval vote for any amendment - in our community of 224 homes, that only takes 22 homeowners to shoot it down.
On advice from our attorney, we attacked only that restriction (with six more amendments waiting in the wings) and recommended a majority vote of homeowners to amend the Covenants. After the annual meeting in which we only had quorum of 45 (and all yes votes) we then walked door-to-door to get votes and were quickly nixed. We asked the nay-sayers what percentage they'd recommend and got every number and the kitchen sink.
Right now the BOD feels stuck with what we have. I would welcome any other suggestions or input you'all might have to solve our problem.
Thanks!
The sticking point to changing them is that our Covenants require a 90% approval vote for any amendment - in our community of 224 homes, that only takes 22 homeowners to shoot it down.
On advice from our attorney, we attacked only that restriction (with six more amendments waiting in the wings) and recommended a majority vote of homeowners to amend the Covenants. After the annual meeting in which we only had quorum of 45 (and all yes votes) we then walked door-to-door to get votes and were quickly nixed. We asked the nay-sayers what percentage they'd recommend and got every number and the kitchen sink.
Right now the BOD feels stuck with what we have. I would welcome any other suggestions or input you'all might have to solve our problem.
Thanks!