Townhomes on Harlan

Key facts from Townhomes on Harlan's documents

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

Community type

Covenant / Planned Community

Units / lots

Initially 5 Lots; Declarant reserves right to create up to 40 Lots in the Project ('Lots That May Be Created') (Section 2.3)

Developer / declarant

Downtown Westminster Residences, LLC, a Colorado limited liability company (Preamble; Section 1.20)

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-101 et seq. (Section 1.1)

Assessments & dues

Common Expense Assessments levied based on Budget cash requirements; Budget adopted by Board and ratified by majority of votes of Owners (unless rejected at meeting); if rejected, prior Budget continues (Section 4.8(a); Section 5.4(a))

Special assessments

Board may levy Special Assessment for unexpected expenses; requires approval of majority of votes in Association and, during Declarant Rights period, consent of Declarant (Section 5.4(d))

Collections & liens

Assessment Lien granted to Association; foreclosure allowed only if debt is >=6 months' Common Expense Assessments and Board votes to authorize; cannot foreclose if debt only consists of Fines or Costs of Enforcement associated with Fines; (Section 5.7; last paragraph references §)

Reserves & fees

Association may retain surplus funds as unallocated reserves; Budget includes creating reasonable contingency/reserve funds for insurance deductibles and maintenance (Section 5.8; Section 5.2(d))

Pets

Household pets allowed with close supervision by Owner (Section 6.1(c))

Leasing & rentals

Owner may lease Lot in its entirety; lease must be in writing and subject to Governing Documents; lessee must be provided Governing Documents; noncompliance by lessee is default enforceable by Association as third-party beneficiary (Section 6.1(b))

Home business

Permitted accessory business use: maintaining personal professional library, records, phone calls, computer, administrative help, meeting with associates in the Unit; must comply with all regulations and Governing Documents (Section 6.1(d))

Maintenance

Association maintains Association Maintenance Areas (initially none). Owner maintains Lot. If Owner fails to maintain negatively impacting others, Board may enter and repair after Notice and Hearing, charging Owner as Individual Assessment (Section 10.1; Section 10.2; Section 10.3)

Insurance

Deductible treated as Common Expense; if Board determines loss due to recklessness or willful misconduct of Owner(s), may assess deductible as Individual Assessment against that Owner after Notice and Hearing (Section 8.1(b) last part)

Use restrictions

Each Lot shall be used and occupied primarily as a residence; no industry, business, trade, occupation, or profession of any kind for profit, except accessory business uses that comply with Governing Documents and law (Section 6.1(d))

Voting & meetings

One vote per Lot owned within the Project; one class of voting membership (Section 1.3(b); Section 4.5)

Amendments

Amendments by Owners (Section 15.2); Amendments by Declarant (Section 15.3); Consent required (Section 15.5) – specific percentages not in excerpt; Article Fifteen referenced (Table of Contents and Article Fifteen re)

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