In many instances, there is a need to modify an existing HOA and budget to incorporate Private Residence Club documentation and those changes requires the support of an existing HOA. Our team is prepared to advise on the appropriate strategies to gain support from the existing HOA for those changes.
In the instance where a HOA and HOA budget has not been established, Spring Creek Partners has a significant archive of Private Residence Club documents which will substantially reduce legal costs.
Our experience has shown that putting in a minimal effort initially relative to any necessary changes to the HOA documents is important to create an attractive PRC product and to create an win-win situation with an existing HOA.