Apple Townhomes

Key facts from Apple Townhomes's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhome (Association name: 'APPLE TOWNHOMES ASSOC)

Legal name

APPLE TOWNHOMES ASSOCIATION

Governing law

Colorado Common Interest Ownership Act (Section 38-33.3-303 of the Act; Section )

Assessments & dues

Executive Board fixes, determines, levies, and collects prorated annual Assessments. (Section 4.12.6)

Special assessments

Board may levy and collect special assessments when necessary for increased operating/maintenance expenses, capital expenses, or emergencies, subject to Declaration and Act, based on a budget adopted before levying. (Section 4.12.7)

Reserves & fees

Late charge of $25.00 or such other charge as Board may fix by rule for assessments unpaid more than 30 days from due date. (Section 4.12.8)

Voting & meetings

Each Unit has one vote for all Association matters. (Section 2.6)

Amendments

Bylaws may be amended by action of Executive Board at a regular or special meeting. No amendment shall shorten Director terms, conflict with the Act, or conflict with Articles of Incorporation or Declaration. (Section 7.1)

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