Buena Vista Home Owners Association

Key facts from Buena Vista Home Owners Association's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Buena Vista Home Owners Association

Developer / declarant

Thistle Community Housing, a Colorado nonprofit corporation (Signatory page (page 47); Exhibit C reci)

Governing law

Colorado Common Interest Ownership Act, C.R.S. §§ 38-33.3-101 et seq. (Preamble (page 7); Article 1.1 (page 8))

Special assessments

May be levied for unanticipated expenses; requires approval of Owners of 67% of votes in Association; during Declarant Control, also needs FHA/VA consent if applicable (Article 4.4 (page 20))

Reserves & fees

Surplus funds retained as unallocated reserves; working capital fund may be used for initial expenses and to cover deficits during Declarant Control Period (Article 4.8, 4.9 (pages 16-17))

Pets

Dogs, cats or other customary household pets allowed; not for commercial purposes; not in number to create nuisance; must be under control at all times; Board may order removal if violation (Article 6.15 (page 25))

Leasing & rentals

Yes, subject to restrictions: must lease entire Dwelling Unit (not part), for more than 30 days (no transient or short-term), lease must be in writing and subject to Declaration and Bylaws, lessee must comply with Association documents; Boa (Article 6.19 (page 27))

Voting & meetings

One vote per Lot; if multiple owners, one vote per Lot may be exercised by any one of them unless another objects, then they must agree or lose the vote (Article 1.3 (page 8); Article 3.6 (page )

Amendments

By written agreement of Owners of at least 67% of votes in Association; recorded with certification. Certain actions require consent of Eligible Mortgagees (see Article 9). Declarant may amend for nonmaterial changes, to comply with Agencie (Article 10.2, 10.4, 10.5, 10.6 (pages 36)

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