
 |
What
is a Condominium Declaration?
The Declaration of Condominium and Bylaws
govern the operation of a condominium property. It dictates
the ownership of the combined units and their “common
area” property. The Declaration of Condominium occurs
when this Master Deed is recorded--extending the condominium
laws of the state to the property.
What this does, in effect, is establish
an association and give authority and power to the Board
of Directors to administer the affairs of the condominium.
The Bylaws and the rules and regulations are the basis
for the day-to-day operation of the condominium interests.
The Declaration of Condominium takes precedence over the
Bylaws, which are viewed as secondary. Changes in the declaration
generally require consent of 100% of the unit owners. A
change in Bylaws, however, generally requires only a simple
majority. In the event that you have a dispute of either
declaration or bylaws Mahony Title Services is able to
advise you on the correct course of legal action.
For more information on how Mahony Title
Services can assist you, please contact our Mandeville
Office at (985) 727-9900, or contact
the Mahony Title Services branch nearest you. |
|