Hand Outs from our November 16, 2017 Seminar:
Our outline for transition of control of association from the declarant to the unit owners of the community
When a condominium or other common interest community is created, the declarant is ordinarily the owner of all of the new units and, as such, controls the community association. By the time the declarant transfers all of the units and departs, the unit owners should have all of the votes in the association and the power to elect its officers and directors. The unit owner-controlled association should also have possession of all of the books, records, and property of the association to enable it to function on behalf of the unit owners.
This statute, also known as “CIOA,” applies to common interest communities created on or after January 1, 1984. Substantial portions of it apply to communities created before then, as stated in the footnotes in the table of contents and in the parenthetical notes after relevant section numbers.
A comprehensive set of amendments were made to the Connecticut Common Interest Ownership Act in 2009. The amendments are based on the 2008 Amendments to the Uniform Common Interest Ownership Act or “UCIOA 3.0,” which the National Conference of Commissioners on Uniform State Laws promulgated. Portions of the amendments were effective upon enactment in 2009. The rest became effective on July 1, 2010. UCIOA is available here.
This statute, also known as the “Condo Act,” applies to condominiums created on or after January 1, 1977 through December 31, 1983.
This statute, which is no longer codified in the Connecticut General Statutes, applies to condominiums created before 1977.
This statute, also known as the “Nonstock Act,” applies to common interest communities whose associations of unit owners are incorporated as nonstock corporations.
This statute, Chapter 400b of the Connecticut General Statutes, applies to managers of community associations.
This federal statute, Pub.L. 109-243, July 24, 2006, 120 Stat. 572, which is cross-referenced to 4 U.S.C. § 5, applies to all community associations and limits their ability to restrict the display of the United States Flag.