TracieS (Colorado)
Posts: 460
Posts: 460
Posted:
I'm obviously very confused, and I'd like to post it all under one subject, so there aren't any little threads hanging around.
Those of you who've answered my previous posts know a little about my situation. 19 unit "townhomes" (yes, there's that word!
). Squatters in one unit, water damage in another unit going through insurance adjusting right now, and few people interested. GIven the WONDERFULLY helpful responses, I'm hoping to clarify my confusion, and hopefully move onto the road to clarity.
I've read my By-Laws, Articles, and CC&Rs more times than I care to count. I'm pretty sure I have an understanding of the "documents".
Question for clarification #1 - Define Bylaws, Articles, and CC&Rs. These are what I refer to as "documents". What purpose does each document serve? Which should be as up-to-date as possible? Which can be more "historical?"
Question for clarification #2 - Amending? I think out documents need to be amended because we don't do what they say, and often times, we do the exact opposite of what they say. Our owners don't really care, and I'm only hoping for amending to keep everything neat and tidy. Does neat and tidy not matter? By not doing what the documents say the association is supposed to do, don't we open ourselves up to litigation? Maybe not now, but eventually?
Finally, I've seen posts by others who are like me...newbies with apathetic neighbors, who really are confused and reaching out for assistance. How should we prioritize our problems? (I don't know how to make that bold...).
Question #3 - How to prioritize fixing things? Documents, operating with three board members when our Articles specify we need need 4, dealing with deadbeat owners/members, reserve studies, financial audits, taxes, insurance... Most of us small association representatives will tell you all that we have NO MONEY for professional management companies, and usually very little money for education for Board or the on-site owner/manager. HOW DID YOU LEARN????? HOW CAN WE LEARN????
Thanks so much, and I hope to get back to starting at the beginning to try to gain some understanding.
Those of you who've answered my previous posts know a little about my situation. 19 unit "townhomes" (yes, there's that word!
I've read my By-Laws, Articles, and CC&Rs more times than I care to count. I'm pretty sure I have an understanding of the "documents".
Question for clarification #1 - Define Bylaws, Articles, and CC&Rs. These are what I refer to as "documents". What purpose does each document serve? Which should be as up-to-date as possible? Which can be more "historical?"
Question for clarification #2 - Amending? I think out documents need to be amended because we don't do what they say, and often times, we do the exact opposite of what they say. Our owners don't really care, and I'm only hoping for amending to keep everything neat and tidy. Does neat and tidy not matter? By not doing what the documents say the association is supposed to do, don't we open ourselves up to litigation? Maybe not now, but eventually?
Finally, I've seen posts by others who are like me...newbies with apathetic neighbors, who really are confused and reaching out for assistance. How should we prioritize our problems? (I don't know how to make that bold...).
Question #3 - How to prioritize fixing things? Documents, operating with three board members when our Articles specify we need need 4, dealing with deadbeat owners/members, reserve studies, financial audits, taxes, insurance... Most of us small association representatives will tell you all that we have NO MONEY for professional management companies, and usually very little money for education for Board or the on-site owner/manager. HOW DID YOU LEARN????? HOW CAN WE LEARN????
Thanks so much, and I hope to get back to starting at the beginning to try to gain some understanding.