Urban Street Townhomes

Key facts from Urban Street Townhomes's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community (Section 2.7, page 3: "The Community is a)

Units / lots

1 (Lot D) (Section 2.21, page 4: "Property means Lo)

Developer / declarant

CP Ventures, LLC

Governing law

C.R.S. § 38-33.3-116(2) (exempt from Colorado Common Interest Ownership Act except §§ 38-33.3-105 to 107) (Recitals, page 1)

Assessments & dues

Board of Directors may levy general and special assessments; each Unit's pro rata allocation is 1/3 as per Exhibit A (Section 7.1, pages 8-9; Exhibit A)

Special assessments

Board may levy special assessment during any calendar year for necessary purposes (Section 7.1, page 9)

Reserves & fees

Board may establish contingency and reserve funds for maintenance and improvement of Common Elements (Section 7.1, page 9)

Leasing & rentals

Yes (Section 5.3, page 8: "An Owner shall hav)

Maintenance

Association responsible for roof surface and structural roofs (Section 3.4(a), page 6: "except the roof)

Insurance

Covers entire property including Common Elements, Limited Common Elements, interior and exterior improvements, and all personal property belonging to the Association (Section 8.2, page 9)

Voting & meetings

Each Unit entitled to one vote in the Association and one vote in the CAM Association (Section 3.1, page 5)

Amendments

Requires affirmative vote or agreement of Owners holding at least 67% of votes; until all Units conveyed, Declarant may amend unilaterally (Section 9.1, page 10)

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