Sunrise Condo

Key facts from Sunrise Condo's documents

Community type

Condominium as of 2020 (Article 1 Section 1.1)

Governing law

Colorado Common Interest Ownership Act, C.R.S. Section 38-33.3-101 et seq. as of 2020 (Article 2 Section 2.1(a))

Special assessments

Proposed by Board; effective upon affirmative vote of at least 67% of members present at meeting with quorum (or by ballot) as of 2020 (Section 5.5)

Collections & liens

Assessments are a continuing lien on the unit; personal obligation of owner; Association may foreclose or sue personally as of 2020 (Sections 5.2, 5.3(f))

Reserves & fees

Annual reserve contribution for replacement of improvements that are Association's responsibility may be allocated to separate reserve or contingency funds as of 2020 (Section 5.4)

Pets

Section 8.7 addresses animals/pets; specific rules not extractable from OCR as of 2020 (Section 8.7)

Leasing & rentals

Owners may lease units subject to restrictions; community intended to be owner-occupied as of 2020 (Section 8.2)

Parking & vehicles

Section 8.8 addresses parking and vehicles; specific rules not extractable from OCR as of 2020 (Section 8.8)

Home business

Ancillary business activities allowed if not apparent from outside, no increased visitation, legal, no increase in traffic or insurance premiums, consistent with residential character, no materially greater use of common facilities as of 2020 (Section 8.1(a)(i)-(vii))

Signs & flags

Signs regulated (likely prohibited without approval) as of 2020 (Section 8.9)

Use restrictions

yes, with limited home business as of 1980 (Section 8.1(a))

Voting & meetings

One equally weighted vote per condominium unit as of 2020 (Section 3.2)

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