Trails at Storm Meadows

Key facts from Trails at Storm Meadows's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Original Declaration, title and Section )

Legal name

The Trails at Storm Meadows, A Condominium

Developer / declarant

THE CLUB AT STORM MEADOWS, LTD., a Texas limited partnership

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-101 et seq. (Original Declaration, Recitals and Secti)

Assessments & dues

set annually by Executive Board budget, subject to Class A Member ratification (Original Declaration Section 7(f), 9(a))

Collections & liens

Association has lien on Unit for unpaid assessments, interest, late charges, attorney fees; may foreclose like a mortgage; also security interest in personal property (Original Declaration Section 9(i), (j))

Reserves & fees

Capital Reserve Fund and Operating Reserve (Original Declaration Section 9(a))

Leasing & rentals

yes, including short-term and transient rentals (Original Declaration Section 3(e))

Use restrictions

Units used solely for residential purposes, including nightly and transient rentals and lodging (Original Declaration Section 3(e))

Voting & meetings

Each Unit has votes equal to Allocated Interest in Common Elements multiplied by 100 (e.g., .15 interest = 15 votes); for Company matters votes based on Sleep Rights per Exhibit G (Original Declaration Section 7(d))

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