As more and more commercial and residential developments institute extensive covenants, many developers turn to Holland & Hart to assist in structuring, drafting, and operating under these key documents. We are experienced in the legal and practical aspects of forming and operating homeowners' and property owners' associations and common interest communities, and we understand the intricacies of the applicable local, state, and federal laws, such as the Uniform Common Interest Ownership Act, that govern or may impact these projects.
Community Creation
Our experience with common interest communities includes projects as varied as condominiums, townhomes, planned communities, master associations, and shopping centers. We assist clients in
- amending existing covenants,
- updating covenants to comply with new requirements of applicable law,
- terminating covenants, and
- analyzing the various alternative approaches to structuring common interest communities and their related covenants.
We also have experience in the conversion of rental property to privately owned condominiums.
Community Redevelopment
Many older condominium associations facing obsolescence and redevelopment strategies rely on us for counsel. Our lawyers provide advice on local land use submissions and approvals, arrange construction financing, and create new governing documents to accommodate condominium association expansions for existing ownership reconfigurations, or for bulk sales to or joint ventures with developers.