Hillcrest Village Homeowners Association, Inc.

Key facts from Hillcrest Village Homeowners Association, Inc.'s documents

Community type

Condominium (Throughout document (e.g., "Hillcrest Vi)

Governing law

Colorado Nonprofit Corporation Act and Colorado Common Interest Ownership Act (Bylaws Article 1)

Assessments & dues

Board adopts budget; Unit Owners ratify budget at meeting (Bylaws Section 2.2 (powers); Section 3.2)

Reserves & fees

Association shall include amount for adequate reserves; 2014 annual reserve contribution $23,000 (increased by $3,000 from previous). Funding level approximately 20% of future needs. (Bylaws Section 8.6; Minutes of December )

Pets

Yes (Rules and Regulations Section 3)

Leasing & rentals

Yes (Rules and Regulations Section D)

Architectural approval

Yes, for any improvement or alteration that changes the appearance of the lot, structure, or common elements. Includes paint, lighting, patios, decks, entrances, doors, windows, walls, landscaping, plants, trees. (Architectural Review Committee Guideline)

Signs & flags

Political signs allowed in window no earlier than 90 days before election, no longer than 15 days after. No other signs except those placed by Association and in compliance with SB-100. (Rules and Regulations Section 10)

Voting & meetings

Unit Owners vote; each unit has allocated votes; multiple owners of a unit vote by majority agreement; proxy allowed (valid one year unless shorter term); votes of corporation/partnership cast by officer/general partner; Association-owned u (Bylaws Article 3, Section 3.9)

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