Community and Homeowners’ Associations can be faced with dozens of problems and questions, the answers to which are critical in keeping their community a nice place to live. Terra is available to counsel associations regarding the corporate, real estate, business and operational issues that regularly arise. These issues include:
Interpreting governing documents, Declaration of Covenants, Conditions and Restrictions, the Articles of Incorporation and the Bylaws of the association
Answering day-to-day questions regarding operational, governance, practical, and legal issues;
Reviewing and drafting contracts for the maintenance, repair, and operation of the community
Amending governing documents to conform with current or desired operation practices
Revival of the Declaration of Covenants pursuant to F.S. 720.403, et seq.;
Assisting the board of directors on fiscal matters, such as budgeting, levying special assessments, and establishing reserves
Establishing written procedures for collection of assessments, required collection notices and for prosecuting foreclosure or collections actions as desired
Enforcing the declaration of covenants through demand letters, mediation or other legal means
Review of insurance policies and selection of coverage
Drafting of rules, regulations, architectural guidelines, and establishing review procedures.
