How will the condominium association oversee the bylaws of Hilliard’s Bay Estates?
A. There will be an elected board of directors made up of lot owners, elected by all the unit holders of Hilliard’s Bay Estates lots. Upon the registration of the condominium plan, the bylaws come in effect within 90 days from the first day that 50% of the units are sold or 180 days from the day the 1st unit is sold, whichever is sooner. A meeting of the condominium association will then be held to elect a board of directors.