answersLogoWhite

0


Best Answer

Yes.

The charter of duties for the association is available in the governing documents -- the Covenants, Conditions, Regulations and Restrictions (CC&Rs) and the By-Laws of the association.

New board members are encouraged to read the governing documents, and highlight all occurrences of the word 'shall'. These tasks are the tasks that the board must undertake. As well, highlight in a different colour, all occurrences of the word 'may'. These tasks are optional.

Your overarching charter comes from the state condominium law, and usually centers around the language 'to preserve, protect and maintain' the real estate assets that the owners own in common with each other.

Finally, your association is some form of legal corporation with a license to do business in your state, and registered with the secretary of state. There are charters there too, about how the business of the association is conducted and reported to its members.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is there a charter of duties for the condo assocation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does condo assocation owners remove the assocation's trustee?

You can find the how-to guide in your governing documents.Usually, it takes a large percentage of owners -- more than 50% and sometimes 67% or more -- to remove a director or a board member by a vote or petition.


A nonprofit association that promotes the interests of a particular industry?

Trade Assocation


Do in condo washing machines overload condo plumbing?

Not if the condo was built to code.


What has the author George Condo written?

George Condo has written: 'George Condo'


Does the UN have a constitution?

The Laws governing the United Nations is set down in the Charter of the United Nations. It describes the UN's organisations, duties, powers and more.


owner?

Condo Roccia


What is involved when inquiring about a condo loan?

When inquiring about a condo loan a person needs to know what they want to spend, what features they desire in the condo and where they want the condo to be located.


What is the birth name of Eleonore Condo?

Eleonore Condo's birth name is Eleonore Louise Anna Condo.


Since 1944 who has been handing out Golden Globes?

Hollywood Foreign Press Assocation


How do you build the cat condo in my sims kingdom?

Go to the space where you are building the condo then there are red blobs where the blocks and fences go. Paint the condo then add the butterfly to the condo and your done!


Does a condo room have a kitchen?

Yes, an apartment of a condo has a kitchen.


If I file bankruptcy and I'm on the deed for my son's condo can they take the condo away?

Your interest in the condo will be considered part of your assets.