Condominium Articles of Incorporation are required when establishing a new condominium development or converting existing property to condominium ownership in the United States. This document is essential for creating the legal entity that will manage and maintain the condominium property, establish rules, and protect owners' interests. The Articles must comply with state-specific requirements and typically include information about the association's purpose, powers, membership structure, and governance. They form part of the association's governing documents along with bylaws and declarations.
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1. Article I - Name and Location: Legal name of the condominium association and principal office address
2. Article II - Purpose: Statement of corporate purpose and powers of the association
3. Article III - Definitions: Key terms used throughout the document including Unit, Common Elements, Association, Board, etc.
4. Article IV - Membership: Qualifications, rights, and obligations of members including voting rights and membership classes
5. Article V - Board of Directors: Composition, powers, duties, qualifications, terms, and election procedures for the board
6. Article VI - Officers: Required officers, their duties, qualifications, and selection process
7. Article VII - Registered Agent: Designation of registered agent and registered office for legal purposes
1. Duration: Term of existence of the association if not perpetual
2. Dissolution: Procedures and requirements for dissolving the association
3. Limitation of Liability: Provisions limiting director and officer liability as permitted by state law
1. Property Description: Legal description of the condominium property and boundaries
2. Initial Board Members: List of initial directors and their terms of office
3. Incorporator Information: Details of persons forming the association including names and addresses
4. Bylaws: Initial bylaws of the association if included as an exhibit
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