Broadway & Juniper

Key facts from Broadway & Juniper's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2: The name and nature)

Governing law

Colorado Common Interest Ownership Act (C.C.I.O.A.) (References to 'Act' and § 38-33.3-... th)

Assessments & dues

Common Expense Assessments levied on all Units based on a Budget of the Association's requirements. Allocated among Units in accordance with each Unit's Common Expense Assessment Liability (based on Allocated Interests per Exhibit A). Board (Sections 5.2, 5.3, 4.8)

Special assessments

Allowed for unexpected common expense, capital improvements, etc. Requires approval of Owners to whom at least 67% of votes are allocated (unless emergency). (Section 5.4(d))

Collections & liens

Assessment Lien automatically upon recording of Declaration. May foreclose via power of sale (real estate mortgage foreclosure) or bring action at law. First Mortgagee acquiring title by foreclosure takes free of prior unpaid assessments ex (Sections 5.6(c), 5.7)

Reserves & fees

Board responsible for reserve planning. May adopt a reserve program. Reserve payments collected as part of Common Expense Assessment. Surplus funds retained as unallocated reserves. (Sections 4.13, 5.9)

Pets

Pets are addressed in Section 6.3 (exact rules not fully legible but appear to allow pets subject to regulation). (Section 6.3: 'Pets Within (i ae ini)' [t)

Leasing & rentals

Owner has right to lease Unit on terms Owner deems advisable, provided lease complies with all applicable laws and Project Documents. (Section 6.10 (appears after 6.12 referen)

Home business

Owner may conduct business activities within a Unit. (Section 6.1: 'provided however, an Owner)

Signs & flags

For Sale/For Lease signs allowed: one per Unit, on Unit or private yard, size and type normal for real estate professionals. Board may regulate political signs, flags, and other displays. Security system and neighborhood watch signs permitt (Section 6.12)

Use restrictions

Units shall be used only for single-family residential purposes. (Section 6.1)

Voting & meetings

Total of 8 votes in the Association. Each unit allocated votes as set forth on Exhibit A. (Section 4.6: 'There shail be a total of )

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