One Riverfront

Key facts from One Riverfront's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 1.1: "create a residential condo)

Units / lots

initially 50, maximum 68 (Section 1.3: "initially consists of fift)

Developer / declarant

St. Charles Place, LLC (Opening paragraph: "made by ST. CHARLES )

Governing law

Colorado Common Interest Ownership Act (Section 2.1: "Act means the Colorado Com)

Assessments & dues

Annual budgets for General Common Elements (GCE), Limited Common Elements-O (LCE-O), and Limited Common Elements-P (LCE-P); each unit pays based on its percentage interest in each category; budgets approved by class vote with automatic cont (Sections 8.4 and 8.5)

Special assessments

Allowed (Section 8.6) (Section 8.6 (referenced in Table of Cont)

Collections & liens

Association has lien for unpaid assessments; may foreclose (Section 8.10, 8.11, 8.16) (Section 8.10)

Reserves & fees

Association shall establish and maintain adequate reserve account from annual assessments for repairs, replacements, and capital improvements (Section 7.2) (Section 7.2)

Maintenance

Association maintains General Common Elements and usually exterior Limited Common Elements (parking, decks); Owner maintains interior of unit and other Limited Common Elements (Sections 7.1, 9.2, 9.3, 7.1.4)

Insurance

Association obtains insurance for the Common Elements and may include liability, property, and fidelity (Article 10 generally)

Use restrictions

Implied; Section 13.2 heading "Residential Uses" exists (Section 13.2 (heading only))

Voting & meetings

Each unit votes proportionally based on percentage interests in General Common Elements and Limited Common Elements per Exhibit B (Section 6.3)

Amendments

Declarant has right to amend to fullest extent permitted by Act (Section 24.3); also class votes required for certain amendments affecting class interests (Section 24.3 (referenced) and Section 6.)

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