Document Amendments and Restatements
In the world of Indiana HOA governing documents, the one constant is change! When it’s time for change, Eads Murray & Pugh can work with you to determine whether to delete provisions, revise provisions, or prepare amended and restated covenants and by-laws so that the developer-prepared documents can be discarded.
Why Change Your HOA Documents or Condo Documents?
Why Change Your HOA Documents or Condo Documents?
There are many reasons to amend or restate documents. After a developer turns over control of a community to the homeowner-elected board, the provisions often need to change. Sometimes, the original documents that the developer prepared are contrary to law or inconsistent. As neighborhoods evolve, so do their potential issues. And over time, some provisions can become confusing or conflicting. Also, Indiana laws for community associations have changed. No matter the reason, when it comes to HOA documents it often seems like change is constant.
Practice areas:
Covenants and By-Laws Preparation and Interpretation
Document Amendments and Restatements
How We Can Help
With extensive legal and practical experience, we can:
Advise the board on provisions that are obsolete, in conflict with current laws, or otherwise in need of updating to reflect “best practices”, as well as advise on adding new restrictions.
Determine the exact procedures that must be followed to make your amendments effective.
If the Board desires, prepare amended and restated versions of legal documents that will supersede/replace the prior documents.
Assist in preparing amendment-related items such as cover letters, notices of meetings, proxies and ballots.
Attend Board of Directors and owners’ meetings to oversee the amendment process.
Finalize and record all amendments with government offices as required by law.
– TESTIMONIAL –
“We thank Eads Murray & Pugh for their leadership and kind assistance in amending our By-Laws. Among other things, a comprehensive “Maintenance Checklist” was added as an exhibit to the new By-Laws to clearly set forth the duties of the owners versus the Association, and provisions were added making it mandatory for condominium unit owners to purchase HO-6 policies on their units.”
– Indianapolis, Indiana condominium association Board president