Grand Colorado on Peak 8

Key facts from Grand Colorado on Peak 8's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Common interest community under Colorado Common Interest Ownership Act (CCIOA) and Colorado Condominium Ownership Act; includes vacation ownership plan under Colorado law (Section 1.1)

Legal name

Grand Colorado on Peak 8 Owners Association, Inc. (Section 2.8)

Developer / declarant

Peak 8 Properties LLC, a Colorado limited liability company (Preamble and Section 2.24)

Governing law

Colorado Common Interest Ownership Act, Article 33.3, Title 38, C.R.S.; Sections 38-33-110 to 38-33-113 of Colorado Condominium Ownership Act (Section 1.1)

Reserves & fees

Association shall establish and maintain an adequate reserve account out of annual Assessment installments for periodic maintenance, repair, or replacement of Common Elements (Section 8.1)

Amendments

Declaration may be amended per Article 21; requires recording; Declarant and Vail Summit Resorts have rights; Eligible First Mortgagees also have rights (Article 21 (table of contents and Sectio)

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