Capreata Condo Association

Key facts from Capreata Condo Association's documents

Community type

Condominium (Article I, Section A, Preamble)

Age restriction

Owner or spouse must be at least 55 years old (Article V-A-2: 'The owner of record ... )

Special assessments

Allowed; requires affirmative vote of majority of unit owners present or by proxy (Article II-C-3, II-C-3-a)

Reserves & fees

$25.00 per occurrence if payment not received by 15th; continues each month until paid (Article II-C-1-a)

Maintenance

Unit owner or insurance responsible for water leakage damage from pipes, roofs, etc. (Article VI-A-8)

Voting & meetings

Each residence unit constitutes one vote; if multiple owners, only one person may vote (Article III-9)

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