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Get Developer Turnover Checklist
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How to fill out the Developer Turnover Checklist online
Filling out the Developer Turnover Checklist is an essential step in transferring control of a homeowners association from a developer to a homeowner-controlled board. This guide provides a clear, step-by-step approach for completing the checklist online to ensure a smooth turnover process.
Follow the steps to complete your checklist efficiently.
- Press the ‘Get Form’ button to access the Developer Turnover Checklist and open it in your online editing platform.
- Begin by entering the basic information in the designated fields. This typically includes the name of the homeowners association, the address, and the date of the turnover meeting.
- Next, fill in the section indicating the number of units or percentage of units conveyed by the developer, as this will determine the timing of the turnover meeting.
- Complete the Turnover Information & Record Checklist by ensuring that all required documents are listed, such as the governing documents, financial reports, and minutes from previous meetings.
- If applicable, list any additional documents that need to be delivered during the turnover meeting, which may include architectural plans, insurance policies, or contractor lists.
- Review your entries for accuracy and completeness to prevent any delays during the turnover process.
- Once all sections are completed and verified, you can save your changes, download, print, or share the filled form as needed.
Complete your Developer Turnover Checklist online today to ensure a successful transition for your community association.
Under the HOA Act, the requirement to conduct a turnover election is generally triggered 3 months after 90% of the parcels have been conveyed, or earlier if an earlier date or event is provided in the governing documents.
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