Developing and Managing Condominium and Homeowners' Associations Training Class

Course ID: 9332

Developing and Managing Condominium and Homeowners' Associations Training Seminar

Create a Firm Footing for Condominium Establishment and Administration

Planned communities and condominiums are one of the most popular home ownership options today. Due to the high demand for these properties, many have decided to develop and administer them as an investment. When properly established and efficiently run, they can be a solid venture - but if issues aren't resolved at the outset, they can become a nightmare for both owners and residents. Your advice needs to be dead-on when your clients need help with these communities - or you run the risk of conflict, dissatisfaction and financial peril.

After this comprehensive seminar, you'll be able to anchor your advice in a solid understanding of the regulations governing the different types of communities. Enable a seamless transition from developer control to owner control. Craft comprehensive governing documents that minimize the potential for problems down the line. Ably balance land law unanimity requirements and business judgment flexibility. Establish operating guidelines that will address maintenance, rulemaking and rule enforcement to ensure a peaceful, attractive community once it's up and running. Don't miss this chance to position your clients for a successful venture.

• Resolve disagreements by distinguishing between common element problems and individual owner complaints during the development stage.

• Proactively decide the board's authority over budgets, assessments, rule making, meeting requirements and other issues.

• Deal properly with ambiguities in association governing documents.

• Advise knowledgeably on the condominium statute and personal liability of owners.


	Agenda
	TYPES OF COMMUNITIES Calvin T. Johnson Jr., 9:00 - 9:30 Condominiums: Substantial Regulatory Structure and Guidelines Subdivisions: Limited Case Law and Guidelines Attached Housing and Other Hybrids ISSUES WHEN TRANSITIONING FROM DEVELOPER CONTROL TO OWNER CONTROL William L. Loveland, 9:30 - 10:15 Last Chance for Easy Change of Indenture/Declaration/Bylaws Completion of Developer's Work on Common Elements Involving Regulatory Authorities and Construction Escrow Sorting Out Common Element Problems from Individual Owner Complaints Status of Budget and Accounting at Turnover: Developer Duties Watch for Developer "Reserved Powers" To Sue or Not to Sue, That is the Question GOVERNING DOCUMENT ISSUES Calvin T. Johnson Jr., 10:15 - 11:00 Strong Board vs. Town Hall Democracy: Scope of Owner Participation Budget Decisions Assessments Rule Making Open Meeting Requirements for the Board Residential Councils, Building Reps and Sub-Committees Any Callback Power or Check on the Board? Board Fiduciary Duty Quorum Requirements for Valid Action Dealing with Unworkable or Archaic Document Provisions: The Amendment Process USING A CASE STUDY TO UNRAVEL THE TENSION BETWEEN LAND LAW UNANIMITY REQUIREMENTS AND BUSINESS JUDGMENT FLEXIBILITY William L. Loveland, 11:15 - 12:00 Land Law Requires Unanimous Consent to Change Recorder Property Right Business Judgment Rule for Board and Community High Tension and Uncertainty in the Law DETERMINING THE LINE BETWEEN COMMUNITY AND INDIVIDUAL OWNER RESPONSIBILITY FOR MAINTENANCE William L. Loveland, 1:00 - 1:30 Dealing with Unclear Documents Maintaining Boundary Lines and Setting Liability Coverage Importance of Rule Making RULE MAKING POWER OF THE BOARD Scott R. Roberts, 1:30 - 2:30 How Are Rules Created? Political and Legal Concerns Notice to Owners Correcting Ambiguities in the Governing Documents Owner Control or Check on Board Power Annual Meeting Considerations and Voting Power What Control Do Boards Have Over Pets, Parking and Other Issues? INCORPORATION OF AN OWNERS' ASSOCIATION Scott R. Roberts, 2:30 - 3:00 Line of Defense for Community The Condominium Statute and Personal Liability of Owners ADHERING TO ETHICAL STANDARDS William L. Loveland, 3:15 - 3:45 Understanding Who the Client Is Avoiding Conflicts of Interest Conflicts Between the Law, the Documents and Common Sense Guidelines for Attorney Fee Arrangements in a Community Context ENFORCEMENT AND COLLECTION ISSUES IN COMMUNITY ASSOCIATIONS Scott R. Roberts, 3:45 - 4:30 Fines and Show Cause Orders Due Process Requirements Conducting a Board Hearing Collection of Sums Owed the Community Other Means of Enforcement


	Audience
	This basic-to-intermediate level seminar is designed for attorneys, property managers, real estate developers, homeowners' associations, contractors and real estate and construction professionals who want a comprehensive look at development and effective management of condominiums and homeowners' associations.