Aspen West

Key facts from Aspen West's documents

Reflects the 1972 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Aspen West Condominium

Developer / declarant

Contran Corporation

Governing law

Condominium Ownership Act of the State of Colorado (Article I, page 1)

Assessments & dues

Board prepares annual budget and assesses common charges prorata according to each owner's common ownership interest; majority vote of Board can adjust monthly assessments. (Article III, sec 2(e), page 3-4)

Special assessments

Board may levy and collect assessments whenever necessary to meet increased operating or maintenance costs, anticipated expenses, or emergencies. (Article III, sec 2(e): 'To levy and coll)

Reserves & fees

Not more than $10.00 per month. (Article III, sec 2(f): 'enforce a late c)

Voting & meetings

Voting based on percentage of undivided interest in the general common elements; each unit is considered 100% for voting purposes; cumulative voting prohibited. (Article I, sec 2, page 1: 'Voting shall )

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