Huds Place

Key facts from Huds Place's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Common Interest Community (Planned Community) (Section 1.2(b) – "The name of the Common)

Developer / declarant

3 Ta LLC

Governing law

Colorado Common Interest Ownership Act, C.R.S. § 38-33.3-101 et seq. (Section 1.1 – "submits the real estate t)

Assessments & dues

By Executive Board annually based on an itemized budget; assessments shall be made pro rata according to each Owner's interest in the Common Elements. (Section 7.1(a) – "assessments shall be m)

Special assessments

Permitted by Executive Board for capital improvements, etc.; may be vetoed by 51% vote of each class of members. (Section 7.3 – "the Association may levy,)

Collections & liens

Common Expense assessments constitute a lien on the Lot, prior to all other liens except pre-declaration liens, first mortgages recorded before delinquency, and property tax liens. Lien may be enforced by foreclosure like a mortgage; Associ (Section 7.1(b), 7.6 – detailed provision)

Reserves & fees

Mandatory establishment of a contingency or reserve fund for repair, replacement, maintenance of Common Elements that must be replaced periodically. (Section 7.1(b) – "it shall be mandatory )

Architectural approval

Board approval required for enclosures (balcony, yard, deck, porch), structural alterations, and any work jeopardizing soundness/safety of the Project. (Section 2.7 – "No Owner shall ... enclos)

Maintenance

Owners maintain roofs at their own expense in original materials/colors unless majority agrees otherwise; cost apportioned by relative area over each Lot for common roofs. (Section 2.16 – "The Owners of the Lots s)

Voting & meetings

One vote per Lot (Section 5.5 – "The Owner or Owners of ea)

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