Developer turnover is one of the most complex and high-risk periods in the life of an association. This session explores the operational and legal challenges of transitioning phased communities from developer control to homeowner governance. Learn how to identify maintenance and ownership responsibilities, locate critical documents, perform effective due diligence, understand reserve study implications, recognize construction defect warning signs, and avoid common turnover mistakes. Through practical guidance and real-world case studies, attendees will gain strategies for working with legal counsel, managing conflicts of interest, and protecting their associations from costly liabilities during the transition process.

Key Takeaways:

• Understand the Transition Process from Developer to Homeowners
• Gain Practical Advice on Handling the Transition Process
• Learn About the SB800 Process and How to Handle Potential Defects During Transition
• Know the Potential Traps and Pitfalls
• Acquire Some Best Practices by Evaluating Two Case Studies