Condominium Rules (Ellen Shapiro)

Condominium rules are passed by the Board as part of their obligation to manage and regulate the common areas and facilities. These rules can also be changed by the Board, even without the vote of the unit owners.

Basically, rules expand upon restrictions contained in the governing documents. They may also address the operation of the common area of the condominium where no such restrictions were contained in those documents.

For example, the master deed might state that pets are allowed in the units, while the rules may say that pets must be on a leash while in the common area.

When passing rules, the Board would do well to follow the three R’s: reasonable, rational, and realistic. They should also try to avoid the three “Un’s”: unfair, unreasonable, and unnecessary.

When a violation is reported, the Board can enforce a rule by hearings, warnings, fines, court action, and ultimately foreclosure.

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About cozbycpa

Heather L. Cozby is a CPA on the South Shore and Cape Cod. The managing partner of Cozby & Company, LLC, Heather has the resources and experience necessary to provide quality professional services on a timely basis and at a reasonable cost. She specializes in tax planning & preparation; audit, review & compilation services; management advisory services; bookkeeping; and accounting. Her unique niche is in working with homeowners’ associations and condominium trusts, advising with rental real estate, and providing outsourced financial consulting for mid-sized companies. She is more entrepreneurial than most accountants, and offers the best of both worlds - providing the services of a larger firm while retaining the ability to connect with her clients on a personal level.
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