Cheney Creek Tiny Homes

Key facts from Cheney Creek Tiny Homes's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

CHENEY CREEK TINY HOMES ASSOCIATION

Developer / declarant

CHENEY CREEK TINY HOMES, LLC (Preamble)

Governing law

Colorado Common Interest Ownership Act, C.R.S. 38-33.3-101 et seq. (Section 1.01)

Assessments & dues

Quarterly, based upon Association's cash requirements per budget (Section 5.04)

Special assessments

Not explicitly defined; but Association may levy common expense assessments including special assessments if needed (Section 5.04)

Collections & liens

Association has lien on lot for unpaid assessments; may foreclose; lien subordinate only to prior liens, first mortgages, and property taxes (Section 5.01)

Reserves & fees

Determined by Executive Board; charged if unpaid within 10 days after due date (Section 5.05)

Leasing & rentals

Allowed subject to Act, Declaration, Bylaws, Rules and Regulations (Section 4.07)

Parking & vehicles

One assigned parking space per lot as Limited Common Element; maximum one vehicle per lot excluding short-term visitors; speed limit 10 mph; all vehicles must be registered; no inoperable vehicles; no recreational motorized vehicles allowed (Section 11.02)

Fences

Not specifically mentioned; likely subject to Executive Board approval under Section 11.01(h) (Section 11.01(h))

Architectural approval

Prior specific approval of Executive Board required for exterior alterations, including decks, patios, sheds, fences, lights, satellite dishes, antennas, landscaping, signs (Section 11.01(h))

Maintenance

Owner maintains Lot and certain Limited Common Elements (e.g., doorstep, porch, balcony); Association maintains Common Elements including roadways, sidewalks, parking, landscaping, water/wastewater mains, drainage, rubbish/snow removal (Section 8.01, 8.02, 8.05)

Insurance

Property insurance on Common Elements with replacement cost; liability insurance minimum $1,000,000; fidelity bonds; flood insurance if in flood zone; blanket property insurance on lots covering interior finishes (Section 13.01, 13.02)

Use restrictions

true (Section 4.07, Section 11.01(c))

Voting & meetings

One vote per lot (Section 10.02(c), Exhibit B)

Amendments

By written approval of owners of at least 67% and first mortgagees of at least 67% of lots; Declarant may amend alone when exercising development rights (Section 15.01)

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