Bridge Pointe Hpr

Key facts from Bridge Pointe Hpr's documents

Community type

horizontal property regime (Article 1 heading)

Legal name

Bridge Pointe

Developer / declarant

THE BRIDGE POINTE CORPORATION (Article 12(i) and acknowledgment)

Assessments & dues

Board estimates net charges (including contingencies and replacements, less income and surplus) and assesses per percentage from Master Deed (Article 15(a))

Special assessments

Board may levy a special assessment if the estimate proves inadequate (Article 15(b))

Collections & liens

Assessments become a lien on the dwelling; Board may foreclose and owner must pay costs and attorney's fees (Article 16)

Reserves & fees

10% per annum (Article 16(a))

Pets

Only dogs or cats (Article 19(e))

Leasing & rentals

Only with consent of all other owners (Article 19(a))

Architectural approval

Structural changes require written consent of all owners; capital additions or improvements to common elements over $1,000 require majority vote of owners (Article 18, Article 14)

Maintenance

Owner maintains dwelling and yard; Board maintains general common elements (Article 17, Article 12(e))

Insurance

Board obtains public liability insurance ($300,000 per person/$100,000 property damage) and workmen's compensation insurance (Article 12(b), (c))

Use restrictions

Dwellings and general common elements shall be occupied and used as private residences (Article 19(a))

Voting & meetings

Each owner has voting power proportional to the basic value percentage (Article 2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.