Thraemoor in the Park II

Key facts from Thraemoor in the Park II's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Explanatory Statement B)

Developer / declarant

Metro Properties II, LLC, a Colorado limited liability company (Declaration preamble)

Governing law

Colorado Common Interest Ownership Act, Colorado Revised Statutes §38-33.3-101 et seq. (Explanatory Statement B)

Assessments & dues

Based on Association's advance budget of all cash requirements; maximum per Lot = total budget divided by 6 (Section 5.2(b))

Special assessments

Allowed with consent of 2/3 of votes of Members voting in person or by proxy at a meeting called for that purpose (Section 5.6)

Reserves & fees

Association shall establish an adequate reserve fund for periodic maintenance, repair, and replacement of Common Area, funded through monthly assessments (Section 5.3)

Pets

Yes; reasonable number of dogs, cats or other household pets allowed, not for commercial purpose, not a nuisance (Section 10.3)

Leasing & rentals

Yes, with written lease, minimum term 30 days, not for transient/hotel purposes, lease must be subject to governing documents (Section 10.10)

Signs & flags

One sign of not more than 6 square feet per Lot advertising sale or rent allowed; no other signs without approval (Section 10.7)

Insurance

Not greater than the lesser of $10,000 or face amount of policy (Section 6.4)

Use restrictions

Lots shall be used for residential purposes only; temporary structures prohibited; professional/home occupations allowed if no external evidence and no unreasonable inconvenience (Section 10.1)

Voting & meetings

One vote per Lot owned; when multiple owners of same Lot, they must agree or abstain (Section 3.2)

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