Planned Community Governance Models: Serial, Expandable, Nested and Busted, 21st Annual Advanced Real Estate Drafting Course

03.04.10

Planned Community Governance Models: Serial, Expandable, Nested and Busted, Annual Advanced Real Estate Drafting Course, presented by Bob Burton

For the purpose of this article, a planned community model refers to the general structure chosen by the developer and its counsel to encumber the planned community with covenants and restrictions. The governance model is, in effect, the superstructure of the covenants. The model usually sets the expected pattern of annexation, amendment, association control and administration. The governance model communicates current plans and expectations for development and administration of the community. Continue Reading