720.406 – Department of Economic Opportunity; submission; review and determination.
720.406 Department of Economic Opportunity; submission; review and determination.— (1) No later than 60 days after the date the proposed revived declaration and other governing documents are approved by the affected parcel owners, the organizing committee or its designee must submit the proposed revived governing documents and supporting materials to the Department of Economic Opportunity to review […]
720.407 – Recording; notice of recording; applicability and effective date.
720.407 Recording; notice of recording; applicability and effective date.— (1) No later than 30 days after receiving approval from the department, the organizing committee shall file the articles of incorporation of the association with the Division of Corporations of the Department of State if the articles have not been previously filed with the division. (2) No later than […]
720.307 – Transition of association control in a community.
720.307 Transition of association control in a community.—With respect to homeowners’ associations: (1) Members other than the developer are entitled to elect at least a majority of the members of the board of directors of the homeowners’ association when the earlier of the following events occurs: (a) Three months after 90 percent of the parcels in all phases […]
720.402 – Publication of false and misleading information.
720.402 Publication of false and misleading information.— (1) Any person who, in reasonable reliance upon any material statement or information that is false or misleading and published by or under authority from the developer in advertising and promotional materials, including, but not limited to, a contract of purchase, the declaration of covenants, exhibits to a declaration of […]
720.3075 – Prohibited clauses in association documents.
720.3075 Prohibited clauses in association documents.— (1) It is declared that the public policy of this state prohibits the inclusion or enforcement of certain types of clauses in homeowners’ association documents, including declaration of covenants, articles of incorporation, bylaws, or any other document of the association which binds members of the association, which either have the effect […]
720.403 – Preservation of communities; revival of declaration of covenants.
720.403 Preservation of communities; revival of declaration of covenants.— (1) Consistent with required and optional elements of local comprehensive plans and other applicable provisions of the Community Planning Act, property owners are encouraged to preserve existing residential and other communities, promote available and affordable housing, protect structural and aesthetic elements of their community, and, as applicable, maintain […]
720.308 – Assessments and charges.
720.308 Assessments and charges.— (1) ASSESSMENTS.—For any community created after October 1, 1995, the governing documents must describe the manner in which expenses are shared and specify the member’s proportional share thereof. (a) Assessments levied pursuant to the annual budget or special assessment must be in the member’s proportional share of expenses as described in the governing document, […]
720.404 – Eligible communities; requirements for revival of declaration.
720.404 Eligible communities; requirements for revival of declaration.—Parcel owners in a community are eligible to seek approval from the Department of Economic Opportunity to revive a declaration of covenants under this act if all of the following requirements are met: (1) All parcels to be governed by the revived declaration must have been once governed by a […]
720.3085 – Payment for assessments; lien claims.
720.3085 Payment for assessments; lien claims.— (1) When authorized by the governing documents, the association has a lien on each parcel to secure the payment of assessments and other amounts provided for by this section. Except as otherwise set forth in this section, the lien is effective from and shall relate back to the date on which […]
720.405 – Organizing committee; parcel owner approval.
720.405 Organizing committee; parcel owner approval.— (1) The proposal to revive a declaration of covenants and an association for a community under the terms of this act shall be initiated by an organizing committee consisting of not less than three parcel owners located in the community that is proposed to be governed by the revived declaration. The […]