Villa Del Prado

Key facts from Villa Del Prado's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 2.1: 'The type of Common Interes)

Legal name

The Villa Del Os Ms Filing No. 1

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-217 (Recital D, E, J and Section 1.1)

Special assessments

Authorized; details not provided in excerpt (Table of Contents: 'Section 6.5 Special )

Collections & liens

Association may create lien for unpaid assessments; personal obligation to pay (Article 6 heading: 'Covenant For Common )

Maintenance

Association maintains Common Elements as per Exhibit C; Owner maintains Unit and Limited Common Elements per Exhibit C (Section 5.1(a): 'The Association shall m)

Voting & meetings

Each Unit has votes as allocated in Exhibit B; fractional and cumulative voting prohibited (Section 3.1: 'each Unit shall be entitle)

Amendments

Requires approval of Owners representing at least 67% of undivided interests in common elements; first mortgagees must approve or be deemed approved if no negative response within 30 days (Recitals E and J: 'amendment requirement)

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