Part 3 – Bylaws – Understanding Governing Documents for HOAs
Living in a homeowners association, you’ve likely heard people use terms such as “Bylaws,” “Rules” or “CC&Rs.” What do they mean? An Association is actually a registered non-profit corporation in the state of Minnesota – and to be so, they have an important set of legal governing documents. Much like our country has a Declaration […]
Part 2 – CC&Rs – Understanding Governing Documents for HOAs
Living in a homeowners association, you’ve likely heard people use terms such as “Bylaws,” “Rules” or “CC&Rs.” What do they mean? An Association is actually a registered non-profit corporation in the state of Minnesota – and to be so, they have an important set of legal governing documents. Much like our country has a Declaration […]
Limited Common Elements vs Common Elements
It is important to understand the difference between Limited Common Elements vs Common Elements. And please note that these will vary significantly by association and how the Governing Documents define and treat them. A Common Element is typically a space or component that is “shared” by all. Popular examples include roadways, parking lots, condo building […]