Fairway Meadows Subdivision

Key facts from Fairway Meadows Subdivision's documents

Reflects the 1976 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

LTV Recreation Development Inc. (successor to Steamboat Land Company) (Recitals, DOC 104999 PAGE 1; DOC 105262 )

Assessments & dues

Maximum annual general assessment: $24.00 per Lot (subject to increase provisions) (Article X Section 6, DOC 105262 PAGE 27-)

Special assessments

Approved by 2/3 vote of members voting in person or by proxy at a meeting with at least 30 days' notice; for capital improvements (Article V Section 6, DOC 105262 PAGE 18)

Collections & liens

Association may file a statement of lien and foreclose in manner of mortgages; also may sue for money judgment without waiving lien (Article V Section 7, DOC 105262 PAGE 19)

Home business

Prohibited (Article II Section 12, DOC 105262 PAGE 8)

Use restrictions

Yes; no business or occupation may be conducted on any Lot (Article II Section 12, DOC 105262 PAGE 8)

Voting & meetings

One vote per Lot; if multiple owners, they must agree on how to cast the single vote (Article III Section 6, DOC 105262 PAGE 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.