time frame

Started by DianeW • 1 replies • 1183 views

💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

⚡ Takes 30 seconds

Already a member? Log in

DianeW (Maryland)
Posts: 147

Posted:

Our officer's signed bylaws approving transfer of property from developer to HOA 2 months ago yet nothing appears to be completed yet, ie transfer of common property. What timeframe do these transfers typically occur at? Should we be following up with the atty yet?

MaryA1 (Arizona)
Posts: 7,043

Posted:

Quote:

Posted By DianeW on 05/23/2008 7:25 PM
Our officer's signed bylaws approving transfer of property from developer to HOA 2 months ago yet nothing appears to be completed yet, ie transfer of common property. What timeframe do these transfers typically occur at? Should we be following up with the atty yet?

IMO, all the developer has to do is record an amended deed transferring the common areas to the assn. This deed would then be given to the BOD. I'm not sure what papers the BOD had to sign. However, if it's been 2 months, I see no reason why the BOD cannot contact the attorney as ask what the hold up is.

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

✓ Ask follow-up questions
✓ Share your experience
✓ Get expert advice
✓ Access 350,000 discussions

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here