Governing Documents
There are four legal documents (governing documents) that are very important to the structure of any Homeowner's Association:
• Articles of Incorporation
• Declaration of Covenants, Conditions and Restrictions
• Bylaws
• Policies, Rules and Regulations
The Articles of Incorporation are filed with the Secretary of the State of Colorado and establish the corporation (Minotaur Village Homeowners Association) as a legal entity.
The Declaration of Covenants, Conditions, and Restrictions is similar in function to a municipal charter in that it is “the law of the land.” This document establishes the legal relationship that exists between the Owners and their Association. It also establishes the authority for the Board of Directors (Board) to manage the affairs of the Association.
The Bylaws are a manual of operating procedures and adopted by an Association for the government of its members and the regulation of its affairs. It includes requirements for the Annual Meetings, election of Board Members, Board Meetings, duties of Officers, and many other items pertaining to the actual mechanics of management of the Association’s affairs.
Furthermore, the Board has adopted the Association Policies, Rules, and Regulations, which are contained within this document. These serve the purpose of further delineating the rights and responsibilities of Owners as expressed the Declaration of Covenants, Conditions, and Restrictions and Bylaws.
Forms
Use the forms as a means to communicate your project, concerns, or issues to the Board of Directors. Download, print, and complete each form as described in the instructions. When completed, fax or mail the form to Homestead Management.
Some forms have the capability of accepting data entered from your PC. Simply place the cursor over each field to enter data and tab to each field. You can save, print, and submit data entered on each form in Adobe Acrobat Reader 5.0. When completed, you can email them to Homestead Management. Forms that require signatures will need to be printed and faxed or mailed. Please note that Adobe Reader 7.0 has disabled the form fill in feature. You will need to print form, then fill it in.
Senate Bill 100
The Senate Bill 100 (SB-100) revises the Colorado Common Interest Ownership Act by specifying prohibitions and requirements for Homeowners' Associations.