Cervantes Chatt & Prince

C Edition: Contracts Much of an Association’s operations involve and revolve around contracts. These contracts can be very complex documents originally drafted by an engineer that include hundreds of provisions. They can also be single-page documents with bare bones information listing the work to be completed and the price for the same. Despite whether a contract is complex or simple, it is incredibly important. Under the law, contracts have essential elements – offer, acceptance and...

B Edition: Bylaws The Bylaws of the Association are one of the central governing documents that generally serve as blueprint for the Association’s operations. For non-condos, the Bylaws are almost always attached to the Declaration as an exhibit. For condos, they can either be attached as an exhibit or included in the actual text of the Declaration. The Bylaws are included in the definitions of condominium instruments (condominiums) and community instruments (common interest community...

A Edition: Additional Insured Did you know that any contractor or vendor that does business with contracts that exceed $10,000 per year with a condominium association is required to name the association and board and its managing agent, if any, as additional insureds under the contractors insurance policies. They are also required to provide certificates of insurance evidencing that the insurance is in place. While there is not similar language for non-condos, those provisions are generally...