2719 Loker Avenue West Owners Association

Key facts from 2719 Loker Avenue West Owners Association's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble: 'Enabling Declaration Establis)

Legal name

2719 Loker Avenue West Owners Association

Collections & liens

Costs under Section 5.2(A) and insurance premium increases under 8.8.5 are added to Assessments and subject to lien and foreclosure provisions (Section 4.10). (Sections 5.2(A) and 8.8.5 in DOC 92022 p)

Use restrictions

Not strictly residential; uses must be permitted under local zoning and allowed under Master Declarations, with extensive prohibitions (e.g., hotel, marijuana, adult businesses, restaurants, etc.) but Board may grant exceptions. (Section 7.1, DOC 92022 page 4)

Voting & meetings

Each Class A Member entitled to votes per Unit as set forth in Exhibit B; majority of total voting power required for amendments (Preamble Section 3.4 and Section 8.4)

Amendments

Requires majority vote of Members; and if material, consent of at least 51% of Eligible Mortgage Holders (those who provided letter requesting notice). Effective when certified in writing executed and acknowledged by President or Vice Presi (Section 8.4 quotes)

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