Our initial scan found 3 potential issues in your governing documents.
We checked the 2 public PDFs on Topsail Way Condominium Association’s website against current Maine and federal HOA law—and more issues may exist depending on the documents you load.
✓Association Bylaws✓CC&Rs / Declaration+ Add up to 10 PDFs in Full Analysis
“No ratification or vote of the Unit Owners shall be required unless the proposed budget increases regular assessments by more than twenty-five percent (25%) over the prior fiscal year.”
Why It’s Flagged
33 M.R.S. § 1603-103(c) (Maine Condominium Act)
Under the Maine Condominium Act, 33 M.R.S. § 1603-103(c), within 30 days after adoption of any proposed budget for the condominium (regardless of percentage increase), the executive board must provide a summary of the budget to all unit owners and set a date for a meeting of the unit owners to consider ratification not less than 14 nor more than 30 days after mailing.
Sample Discussion Wording for HOA Counsel
For Board & Counsel Review
Amend Article V, Section 5.1 to conform with 33 M.R.S. § 1603-103(c) (Maine Condominium Act) prior to board adoption.
REMAINING INITIAL FINDINGS & FULL DOCUMENT SET
2 Additional Issues Flagged in Initial Scan
Unlock exact page coordinates, statutory citations, and counsel discussion notes for all 2 remaining issues—plus load up to 10 PDFs for complete review.
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Potential Issue Surfaced in Initial Scan
Document
Severity
#2
Reserve Funding & Capital Assessment Procedure Conflict
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