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Cadmus Properties Explains: What Are Governing Documents?

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We’re always talking about the association’s governing documents, but what are they?

State Law

Almost every state has statutes governing condominiums and homeowner associations. In addition most associations are subject to the state corporations’ code.

Declaration, Master Deed, or Proprietary Lease and Their Covenants and Restrictions

Planned communities are created by declarations (also known as master deeds). Cooperatives are created with proprietary leases (also called occupancy agreement). These contain the restrictions that regulate residents’ behavior, they define owner’s rights and obligations, and establish the association’s responsibilities.

Articles of Incorporation

Most associations, and all cooperatives, incorporate and have articles of incorporation that define their purposes and powers. They may specify such things as the number of directors and their terms of office.

Bylaws

Bylaws address association operations such as procedures for meetings and elections and specifying the general duties of the board.

Resolutions—Rules and Regulations

Board members adopt rules and regulations, and sometimes members have to approve them. Rules and regulations are recorded as board resolutions. Resolutions must be consistent with the declaration or proprietary lease, the bylaws and state law.

Association governing documents are almost always trumped by state law. But, when association documents conflict among themselves, the declaration or proprietary lease carries the greatest weight, followed by the bylaws and then the rules and regulations.

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Cadmus Properties has proudly served Hawaii for over 30 years. Our management expertise can help any Association navigate troubled waters. For more information on our Association Management Services please contact our office at (808) 531-6847 or via email at info@cadmusproperties.com

2016 Hawaii Buildings, Facilities & Property Management Expo

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Aloha!

Join Cadmus Properties on March 9 & 10 at the Blaisdell Center for the Hawaii Buildings, Facilities & Property Management Expo!

Cadmus will be located at booth #341 with prizes, giveaways and all of the staff in attendance.

We encourage all of our board members and friends to attend the expo and visit our booth. Be sure to catch Cj Paet’s presentation along with Mutual of Omaha Bank on Cyber Security and the Protection of Association Financial records.

Hope to see you all there!

Mahalo,

Cadmus Properties Family

2015 Hawaii Buildings, Facilities & Property Management Expo

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2/4/2015
Aloha!

Join Cadmus Properties on March 11 & 12th at the Blaisdell Center for the Hawaii Buildings, Facilities & Property Management Expo!

Cadmus will be located at booth #341 with prizes, giveaways and all of the staff in attendance.

We encourage all of our board members and friends to attend the expo and visit our booth.

Hope to see you all there!

Mahalo,

Cadmus Properties Family

Hawaii Energy – Making Your Home Energy Efficient

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5/5/2015
Energy prices are at an all time high in Hawaii and its residents are feeling this impact it in their checkbooks and pockets. Recently Cadmus Properties met with representatives from Hawaii Energy to discuss the implementation of a new program Hawaii Energy is promoting for community associations: free LED light fixtures, sink aerators and energy efficient light bulbs for individual units and Association common area fixtures.

If you would like to learn more about Hawaii Energy and energy efficient tips for around the home please visit their website: https://hawaiienergy.com/

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