Timber Run Condominium

Key facts from Timber Run Condominium's documents

Community type

condominium (References to 'Condominium Declaration',)

Legal name

Timber Run Condominium

Units / lots

81 residential condominium units (40 original in Buildings 300/400 + 41 added in Buildings 100/200) plus 3 Garage Condominium Units (DOC 107526 Recitals: 'forty (40) condomi)

Developer / declarant

THE TIMBER RUN PARTNERSHIP

Governing law

Condominium Ownership Act of the State of Colorado (DOC 107299 Section 9(b): "The Provisions)

Special assessments

Garage Unit owners pay 5% of any special assessments that may be charged against the 935 square foot two-bedroom unit. (DOC 107299 Section 4: 'Owner of a Garage)

Collections & liens

Garage Unit owners are subject to assessment liens as provided in the Declaration. (DOC 107299 Section 8: 'payment for asses)

Use restrictions

Garage Condominium Units may be used only for storage of automobiles and for storage of other personal or household items. (DOC 107299 Section 7: 'Each Garage Condo)

Voting & meetings

Owners of Garage Condominium Units receive no additional vote; only owners of residential units vote as provided in Declaration. (DOC 107299 Section 3: 'An Owner of Garag)

Amendments

Supplemental Declaration may be amended by Declarant prior to filing of Supplemental Map, on same terms as Declaration amendment. (DOC 107526 Section 7: 'This Supplemental)

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