In follow up to our announcement on the roll out of our Condominium Legal Document Review© Program, you can now review an example of the type of score card that is provided with each Condominium Legal Document Review© that Husch Blackwell performs by clicking here. The real scorecard is much longer and obviously contains different and/or additional questions, answers and recommendations. The purpose of this letter is to illustrate the value to any condominium association and Board of having the information provided by the Review to properly perform the duties set forth in your documents. As part of the Review Husch Blackwell will:
- Review your condominium legal documents (Declaration, Bylaws Articles, Plat, Rules +);
- Prepare the Score Card specifically identifying areas of deficiency;
- Make recommendations as to items that in our opinion should be:
- Immediately corrected;
- Corrected as time allows; or
- Corrected the next time your Association amends and restates its documents.
The Condominium Legal Document Review© is a management tool, similar to a reserve study, that allows your Board to make better management decisions. As part of the program Husch Blackwell also includes up to 48 free 12 minute telephone conversations and up to 1 hour of attorney time at one Board or Unit Owner meeting. The total value of the all aspects of the program is well in excess of $7,500 for just the first year.
The set fee for all of the above is $2,500 for the first year and $1,250 for each year thereafter. The fees are paid in advance, but break down to less than $210 a month for the first year and less than $105 a month for the second and third year.
Add this to your 2020 Budget so that you have the tools to make better decisions. Plus if you have any questions, just call as it would ALREADY BE PAID FOR.