Durant

Key facts from Durant's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and references to 'condominium')

Legal name

Durant Condominium Association

Governing law

Colorado Common Ownership Interest Act, C.R.S. § 38-33.3-217 (Recitals: 'pursuant to C.R.S. § 38-33.3-)

Assessments & dues

Assessments made according to percentage interest in general common elements as set forth in Exhibit 'B'; based on cash requirements deemed advisable by Managing Agent or Board; due monthly in advance. (Paragraph 22: 'assessments shall be made)

Special assessments

Not explicitly provided, but assessments can include deficits from previous period and contingency reserves. (Paragraph 22: 'any deficit arising ... c)

Reserves & fees

Assessments may include creation of contingency, reserves, working capital and reserve funds. (Paragraph 22: 'creation of a reasonable )

Insurance

Property insurance covering General Common Elements and portions of units Association is responsible to maintain (excluding interior finishes, personal property, appliances, cabinets, fixtures); includes excavations, foundations, and items (Paragraph 23(a) and (b))

Amendments

Requires affirmative vote of Owners representing at least 60% of general common elements and consent of all holders of recorded mortgages or deeds of trust; notice to mortgagees by certified mail and publication in newspaper. (Recitals: 'affirmative vote and agreemen)

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