NikkiT (Texas)
Posts: 30
Posts: 30
Posted:
In 1972 when the Developer started our community, he put a document called
the Deed Restrictions in place which required a two thirds affirmative vote to change
or amend the document.
In 1990 the developer transferred ALL Association assets, property, etc to the Association and in 2000 the Board decided the 1972 document was not good enough and made their own which they say supercedes the 1972 CC&R, even though THAT is the document
that was handed out at last Sunday's meeting.
The Board points as it's guideline the point (#3) in the Transfer Contract/Agreement
which states: quote "This Agreement contains the entire agreement of the parties with reapect to the matters covered by this agreement. No other agreement, statement
or promise made by either party which is not contained in this Agreement shall be
binding or valid." unquote. They state that since the 1972 document was not specifically named in the document that IS NOT VALID, the Association does not have to abide by it. The Board approved CC&R can be changed at any time by the five Board members with no input by the membership nor property owners.
Which is the REAL DOCUMENT? THE 1972 DOCUMENT WHICH REQUIRES A TWO THIRDS
VOTE OF ALL PROPERTY OWNERS OR THE 2000 WHICH THE BOARD PUT IN PLACE AND WHICH THEY
CAN CHANGE AT ANY TIME THEY WISH?
Any input would be greatly appreciated. Thank you. Nikki. T.
the Deed Restrictions in place which required a two thirds affirmative vote to change
or amend the document.
In 1990 the developer transferred ALL Association assets, property, etc to the Association and in 2000 the Board decided the 1972 document was not good enough and made their own which they say supercedes the 1972 CC&R, even though THAT is the document
that was handed out at last Sunday's meeting.
The Board points as it's guideline the point (#3) in the Transfer Contract/Agreement
which states: quote "This Agreement contains the entire agreement of the parties with reapect to the matters covered by this agreement. No other agreement, statement
or promise made by either party which is not contained in this Agreement shall be
binding or valid." unquote. They state that since the 1972 document was not specifically named in the document that IS NOT VALID, the Association does not have to abide by it. The Board approved CC&R can be changed at any time by the five Board members with no input by the membership nor property owners.
Which is the REAL DOCUMENT? THE 1972 DOCUMENT WHICH REQUIRES A TWO THIRDS
VOTE OF ALL PROPERTY OWNERS OR THE 2000 WHICH THE BOARD PUT IN PLACE AND WHICH THEY
CAN CHANGE AT ANY TIME THEY WISH?
Any input would be greatly appreciated. Thank you. Nikki. T.