answersLogoWhite

0


Best Answer

An association's constitution -- insofar as a real estate ownership in common association is concerned -- is also known as the '[condominium] declaration, containing covenants, conditions, restrictions and reservations'. This document is also called 'our decs', or the CC&Rs.

It is the basis for the governing documents for the association, that also includes by-laws, and may also include other amendments. Governing documents define the private democracy under which the association operates, usually led by a board of directors.

The decs are the most difficult to amend, modify and change, since they establish the most basic agreements among owners who purchase real estate within the association.

Most decs are based on or around state 'real estate association' law, with different chapters that address co-ops, home owners associations and condominium associations.

When you purchase real estate in an ownership-in-common scheme, it is important that you understand and appreciate your roles and responsibilities as an owner and voting member of this legal entity.

(You can start by reading the tables of contents, and then using them as tools to reference the sections you need in order to better understand your situation.)

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is association constitution?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was Taiwan Constitution Association created?

Taiwan Constitution Association was created in 2007.


Why is the right of association not an expressed right in the US?

The right of association is not listed in the Constitution.


What is the web address of the Constitution Island Association in West Point New York?

The web address of the Constitution Island Association is: http://www.constitutionisland.org


What is the phone number of the Constitution Island Association in West Point New York?

The phone number of the Constitution Island Association is: 845-446-8676.


Where is the Constitution Island Association in West Point New York located?

The address of the Constitution Island Association is: Po Box 41, West Point, NY 10516-0126


What did the National Woman's Suffrage Association work to amend?

The Constitution.


What is the limit on the freedom of association?

discuss the limitations of the right of freedom of association in terms of constitution and the labour relations act


What are similarities between memorandum of association and article of association?

They are both required for the legal registration of. Company


What is the difference between a constitution and a charter?

Typically a constitution defines the organization of a government or governing entity, whereas a charter defines the organization of a corporation, association, etc.


Where is the American Pharmacists Association Foundation in Washington located?

The address of the American Pharmacists Association Foundation is: 2215 Constitution Ave N, Washington, DC 20037-2907


How do you elect chairman of resident association?

This should be dealt with in the Association's Constitution. There are countless examples on line. The Chair, along with the other Officers and Committee are chosen at the Annual General Meeting.


Is freedom of association part of the US Constitution?

Freedom of Association is an implicit right granted by the United States Constitution's Bill of Rights. It can be derived from the 1st and 2nd Amendment protections of speech, religion, assembly, redress, bearing of arms, and maintaining a regulated civilian militia. Each of these 1st and 2nd Amendment enumerated rights are forms of association by definition and thus protected.