Creek View Townhomes

Key facts from Creek View Townhomes's documents

Community type

planned community as of 2011 (Original Declaration Section 1.1: 'creat)

Legal name

Creek View Townhomes Owners Association as of 2008 (Section 2.5, Section 3.2)

Units / lots

Maximum 24 units; initially 6 units submitted; expanded to 16 units (by First and Second Amendments) with potential for more as of 2008 (Section 1.3, Section 3.3, Exhibit A of S)

Developer / declarant

Dry Creek Subdivision, LLC, a Colorado limited liability company as of 2011 (Second Amendment opening paragraph; Orig)

Governing law

Colorado Common Interest Ownership Act (C.R.S. Title 38, Article 33.3) as of 2011 (Original Declaration Section 1.1, Sectio)

Assessments & dues

Annual budget approved by Executive Board; Assessments levied accordingly (see Article 10) as of 2011 (Original Declaration Section 10.3 (not f)

Special assessments

Allowed per Section 10.6 (levied on irregular basis) as of 2011 (Original Declaration Section 2.37)

Collections & liens

Unpaid Assessments become a lien on the Unit enforceable like a lien under Article 10; also costs of Association repair become a lien (Section 5.6, 6.3) as of 2011 (Original Declaration Sections 5.6, 6.3, )

Reserves & fees

Association shall maintain adequate reserve accounts for periodic maintenance, repair, replacement and operating reserves as of 2011 (Original Declaration Section 6.2)

Pets

Not explicitly prohibited; subject to Rules and Regulations as of 2008

Leasing & rentals

Yes, but (i) no nightly/transient rentals or lodging purposes; (ii) leases exceeding 3 months must be in writing and state lessee is subject to Declaration; (iii) only for permitted uses; (iv) lessee noncompliance is a default under lease e as of 2011 (Original Declaration Section 3.6.3)

Parking & vehicles

Non-exclusive easement for parking on Common Area subject to rules; no obstruction of driveways as of 2008 (Section 8.4.4)

Fences

Not specifically defined; subject to ARC approval as of 2008

Architectural approval

Yes, for any addition or alteration to Exterior Maintenance Area; also Master Architectural Control Committee may govern (see Section 2.22, Section 16.1 referenced) as of 2011 (Original Declaration Section 5.5, Sectio)

Home business

Allowed only if in conformity with applicable zoning and other laws, and subject to Association Rules as of 2011 (Original Declaration Section 3.6.1: 'inc)

Signs & flags

Not explicitly; subject to Rules and Regulations and ARC approval as of 2008

Maintenance

Association maintains roof (exterior maintenance), including snow removal where needed. as of 2011 (Original Declaration Section 5.1.1: 'roo)

Insurance

Association maintains property insurance on Common Area and physical damage insurance on all Units (full replacement cost); commercial general liability; fidelity bonds; D&O insurance as of 2008 (Section 9.1)

Use restrictions

All Units must be used and occupied solely for lawful residential purposes, in conformity with zoning laws and the Declaration as of 2011 (Original Declaration Section 3.6.1)

Voting & meetings

Total 10,000 votes allocated among Units based on interior square footage; each Unit's votes per Exhibit A (Second Amendment) - e.g., 1,728 sq ft unit = 645.16 votes (6.45%) as of 2011 (Original Declaration Section 4.3; Second)

Amendments

Not fully shown; but Declarant has reserved right to expand via Supplemental Declarations (Article 14). as of 2011 (Original Declaration Article 14 (referen)

Amenities

Common Area may include trails, pools, hot tubs, amenities buildings (if constructed). Properties subject to easements for pipeline, etc. (Exhibit C). as of 2011 (Original Declaration Section 2.10; Secon)

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