Are Your Community Association Rules a Ticking Time Bomb?
Times change, but often community association rules don’t. If your rules get out of date, they could become a ticking time bomb representing unnecessary risk that could blow up at any moment into a costly lawsuit or dispute.
“Rules should be reviewed on a regular basis, and, in my experience, they aren’t,” says Alan Garfinkel, founding partner of Garfinkel Law, a full-service community association law firm in Florida.
Regular rules reviews can help an association keep up as laws and/or their circumstances evolve.
How recently have you done a comprehensive review of your rules? Do you have a plan in place to review them at a regular frequency? How often should you be reviewing your rules?
In a new article, we speak to several experts who share their recommendations for why your association might be in need of a rules review and what things to consider when updating and crafting new rules.
You can read the article here: How and Why Your Association Clients Should Regularly Review Their Rules