JohnC46 (South Carolina)
Posts: 14,265
Posts: 14,265
Posted:
What are some of the things people (owners/BOD Members) most often misunderstand about your Covenants and/or Bylaws. I will begin:
1. There is a procedure for the BOD to raise yearly assessment/dues as much as the BOD wants to but only once per year.
2. 51% of all owners agreeing to change a Bylaw. Again, 51% of all owners.
3. 2/3rds of all owners agreeing to change a Covenant. Again, 2/3rds of all owners.
4. That any architectural/landscaping change(s) require ACC (BOD) permission.
5. Our HOA covers roof and siding replacement due to normal wear and tear. Damages are on the home owner.
1. There is a procedure for the BOD to raise yearly assessment/dues as much as the BOD wants to but only once per year.
2. 51% of all owners agreeing to change a Bylaw. Again, 51% of all owners.
3. 2/3rds of all owners agreeing to change a Covenant. Again, 2/3rds of all owners.
4. That any architectural/landscaping change(s) require ACC (BOD) permission.
5. Our HOA covers roof and siding replacement due to normal wear and tear. Damages are on the home owner.