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What is the order of process for a renovation. Does the architect submit the design plans before the shareowner receives the alteration agreement ? Or does the board provide the alteration of agreement before the design plans are provided.
Can the board exercise discretion as to what occurs first ?
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*Usually*, a renovation begins with the signing of an alteration agreement. This is so the board and shareholder start out on the same page and the shareholder formally is made aware of the board's requirements and limitations for the renovation. From this point forward the renovation is governed by the terms of the alteration agreement and other policies in place.
*Sometimes*, with a very extensive renovation that can impact building services or the structure itself, an informal drawing or description is submitted ahead of the agreement, to make sure the board is okay with the work to be done before any more time and effort are spent.
The board can exercise its discretion, provided the board is mindful of its mandated responsibility for fairness and impartiality when making decisions.
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