Question:
Must the articles of incorporation need to indicate purpose to be Homeowners association?
And have Bylaws?
– Anna-May
Answer:
Hi Anna-May,
Homeowners associations should have a set of governing documents, including Articles of Incorporation and Bylaws, among other things. These are documents that HOAs in Florida must maintain, according to Section 720.303 of the Florida HOA Act. The Articles of Incorporation typically includes the following information:
1. The name and address of the association.
2. The purpose of the association/corporation.
3. The intended duration of the association.
4. The name and address of the registered agent (A registered agent is someone who has agreed to accept services and other official documents on behalf of the association).
It is best to have a lawyer help draft these documents.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
