Summer Bay Townhomes

Key facts from Summer Bay Townhomes's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Summer Bay Townhomes Homeowners Association, Inc. (Article 2 'Association' definition)

Developer / declarant

James Construction Co. Inc., a Colorado corporation (Opening recital and Article 2 'Declarant)

Governing law

Colorado Common Interest Ownership Act (C.R.S. § 38-33.3-101 et seq.) (Section 1.5 and Act definition)

Special assessments

Assessments levied in accordance with Section 8.9 (text incomplete); also Special Assessments for capital expenditures (Section 8.8) (Definitions of Special Assessment and Sp)

Reserves & fees

Late charges and interest may be imposed (Section 8.10) (Section 8.10)

Pets

Domesticated birds/fish, small indoor animals, up to one dog (≤50 lbs) and one cat, or two cats permitted. No breeding or commercial purposes. (Section 3.12)

Home business

In-home businesses not involving client/employee visits allowed if permitted by zoning and conducted solely within Residence, no offensive activity or nuisance. (Section 3.3.2)

Use restrictions

All Units shall be used for private residential purposes. No Dwelling used for other than a Residence. (Section 3.3)

Voting & meetings

Each Unit has one vote (one membership per Unit). Voting may be by proxy? Not specified but By-Laws govern meetings. (Section 5.4, 5.5; 5.6 delegates to By-La)

Amendments

By Declarant (Section 11.2); by Members (Section 11.3); requires Declarant consent (Section 11.4); amendment of Articles and By-Laws (Section 11.5). (Sections 11.2, 11.3, 11.4, 11.5)

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