Supreme Court Addresses Formation of Common Interest Communities Under CCIOA
In this case, the developer drafted and recorded a declaration of covenants, conditions and restrictions, established a board of directors and ultimately constructed 186 homes. At the time the declaration was recorded, Pulte did not own the property but later exercised an option to purchase it. The declaration contained two exhibits: one describing property encumbered by the declaration which listed no property at all; and another exhibit that described the annexable property