Sponsored Content provided by Mike Stonestreet - Co-Owner/President, CAMS (Community Association Management Services)
In a recent “Ask the Experts” webinar, Attorneys Hope Carmichael and Nute Thompson of Jordan Price, PLLC, discussed some best practices for board members to employ when it becomes necessary to adopt rules or amend covenants/bylaws in their communities. In this article, we’ll discuss cultural trends and shifts that may require rule changes, the differences between adopting rules vs. amending covenants, legal requirements in both NC and SC, and some strategies for presenting amendments to the membership and getting them passed.
Amendments vs. Rule Changes – What’s the Difference?