Question:
How long does a new board have to rescind documents the previous board adopted just before their term was up
– Lenore
Answer:
Hi Lenore,
It may depend on the document in question. Typically, new boards may undo the previous board’s actions if it is permissible under the law and governing documents. They may amend the governing documents according to the provisions within the governing documents themselves. It may also depend on whether or not the homeowners have already relied on the prior board’s decisions, such as decisions regarding certain architectural requirements and prohibitions. For contracts, these usually have a cancellation policy that may include associated fees. For further guidance, kindly consult a lawyer.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.