Flattops View Village

Key facts from Flattops View Village's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community Common Interest Community (CIC) under Colorado Common Interest Ownership Act (CCIOA) (Recital (b): create a Planned Community )

Legal name

LRV Townhome Association (Section 2.01(b); Recital (c))

Units / lots

2 (each Lot is also referred to as a Unit) (Section 4.02: each Lot is also known as )

Developer / declarant

LRV Enterprise® LLC, a Colorado limited liability company (Recital (a) and execution)

Governing law

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

Assessments & dues

Annual assessment based on budget; Common Expenses apportioned according to percentage interest (Article IX) – equal per Lot (Section 5.02, 5.04; 9.01: undivided inte)

Special assessments

Not specifically mentioned, but Association may levy assessments for capital improvements, reserves etc. (Section 5.03: assessments for capital im)

Collections & liens

Association lien for unpaid assessments is prior to all other liens except pre-recorded liens, first security interests recorded before delinquency, and tax liens. Lien can be foreclosed like mortgage; sale/foreclosure does not extinguish f (Section 5.01)

Reserves & fees

Assessments may be used for necessary reserves (Section 5.03: necessary reserves)

Pets

Yes, dogs, cats and other household pets may be kept subject to Association rules; no livestock or poultry; no commercial breeding (Section 10.01(e))

Leasing & rentals

Yes, may be leased or rented for short term periods subject to reasonable requirements of Association, including nightly rentals and long term rentals (Section 10.02: A Lot may be leased or re)

Use restrictions

Yes, restricted to residential use and related uses (Section 10.01(d): CIC restricted to resi)

Voting & meetings

Each Lot receives an equal number of votes (Section 9.01: each Lot shall receive an )

Amendments

Unanimous written consent of all Lot Owners and all lienors of record of Lot A, Lot B, and Common Elements; recorded in Routt County (Section 13.03)

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