Sloan's Lake View Condominiums

Key facts from Sloan's Lake View Condominiums's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 2.1, 2.2)

Developer / declarant

J&B INVESTMENTS, LTD., LLC, a Colorado limited liability company (Recitals, Signature)

Governing law

Colorado Common Interest Ownership Act (CCIOA), C.R.S. § 38-33.3-101 et seq. (Article 1, Section 1.1 (definition of 'C)

Assessments & dues

Board prepares proposed budget at least 60 days before each Fiscal Year; budget is deemed approved unless vetoed by Owners of Units to which at least 67% of votes are allocated. (Section 6.3(a) and (b))

Collections & liens

Assessments constitute a lien against the Owner's Unit which may be foreclosed. (Sections 4.12(b) and 9.5 (referenced in )

Reserves & fees

Required; Annual Reserve Analysis must be prepared, and reserves must be included in each annual budget. (Section 6.4)

Pets

Yes, usual and ordinary domestic household pets (e.g., dogs, cats, small caged birds, similar small pets). No commercial purpose. No nuisance. Waste must be promptly removed via proper sewage receptacle. (Section 4.8(a))

Leasing & rentals

Yes, for residential purposes. Leases for 30 days or more must be in writing, expressly subject to Declaration, and Owner must provide copy to Board within 10 days with tenant acknowledgment. Leases for less than 30 days require necessary c (Section 4.8(b))

Parking & vehicles

Garages are limited common elements allocated to Units as shown on Map. May be used for motor vehicle parking and incidental uses. (Section 4.5(a))

Home business

Permitted if incidental to residential use, no employees or independent contractors (other than owner), no regular commercial deliveries, no customer visits, does not materially increase common element use, no signage. (Section 4.3(a))

Signs & flags

Permitted pursuant to CCIOA Section 106.5. (Section 4.8(d)(iii))

Maintenance

Association maintains roof (Section 5.1(a))

Insurance

Association shall obtain property insurance covering all improvements except Owner improvements, and liability insurance (Section 11.1)

Use restrictions

Units may be occupied and used only for residential uses and incidental uses, short and long term rentals for residential purposes, and limited home occupations. (Section 4.3(a))

Voting & meetings

Each Unit has one vote. (Section 2.7(c): 'each Unit shall have on)

Amendments

Governed by Article 15; specific vote percentages not fully excerpted but referenced. Budget veto requires 67% of votes. (Article 15 (table of contents) and Secti)

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