Can developer extend control in a common interest community?
Oct 22, 2016 6:00 AM
Q. Our declaration permits the developer to keep control of the association for 10 years. As of this date, the developer has sold less than 50 percent of the homes in the original plan. So it is conceivable the developer will not be able to sell the remaining homes by the required turnover date. Can the developer file an amendment to extend the turnover date beyond the time frame established in the declaration?