Bylaws and CC&Rs Flashcards

1
Q

What does CC&Rs stand for?

A

Covenants, Conditions, and Restrictions

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2
Q

What is a CC&R?

A

Legal document that lays out the guidelines for the planned community. (Basically rules of the neighborhood)

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3
Q

Are CC&R’s legally binding?

A

YES

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4
Q

Where can you find CC&R’s?

A

County records in the county where they property is located.

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5
Q

What are the goals of the CC&R?

A

Protect, preserve, and enhance property values in the community.

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6
Q

What are some examples of things a CC&R can regulate?

A

Basketball hoops, fences, dog breeds, paint colors of the home, parking car in the garage, ect.

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7
Q

The CC&Rs cover the BLANK of the HOA, the bylaws cover the BLANK

A

CC&R = What | Bylaws = How

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8
Q

What is an HOA?

A

Nonprofit corporation organized to establish and manage a private, planned community.

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9
Q

How is HOA Governed?

A

Set of rules set by board of directors who are elected by the members.

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10
Q

What are the rules of an HOA called

A

Bylaws.

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11
Q

What are bylaws?

A

Govern how the HOA operates and contain the information needed to run the HOA as a business.

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