West Carr Townhomes

Key facts from West Carr Townhomes's documents

Community type

Covenant / Planned Community

Legal name

West Carr Townhomes Owners Association, Inc.

Developer / declarant

West Carr Townhomes, LLC

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-101 et seq. (Opening: 'submitted to the provisions of)

Assessments & dues

Executive Board proposes budget; ratified unless rejected by majority of all Unit Owners at a meeting held 14 to 60 days after mailing summary (Article XIX(D): 'Within 90 days after ad)

Special assessments

Nonbudgeted assessments exceeding 15% of current annual operating budget must be ratified by Unit Owners in same manner as budget (Article XIX(E): 'If the Executive Board )

Collections & liens

Association has a lien on a Unit for unpaid Common Expense Assessments; lien priority over prior recorded liens except first security interest recorded before delinquency (with 6-month super-priority); foreclosure by judicial procedure (Article XIX(C)(10): 'The Association is )

Reserves & fees

Reasonable reserves may be established by the Association for repair, replacement or addition to Common Elements or other property (Article I(F)(4): 'such reasonable reserv)

Pets

Pets permitted only if allowed by applicable Zoning Ordinances; pets not permitted in zone may not be kept (Article X(B)(4): 'No animals or pets not)

Leasing & rentals

Leases allowed but must be in writing and subject to requirements of Documents and Association; must include attornment clause recognizing Association as landlord for enforcement (Article X(C): 'All leases and rental agr)

Fences

Unit Owners may construct fences on Limited Common Elements with permission of Executive Board; Executive Board may install perimeter fences and gates. (Article XIII(C): 'construction of fences)

Architectural approval

Executive Board shall answer written request within 60 days after Notice and Hearing; failure to answer does not constitute consent. (Article XIII(A)(3): 'The Executive Board)

Maintenance

Roofs are Limited Common Elements allocated to the Units in that Building; unit owners responsible for maintenance, but may be assumed by Association under Article VI(C) conditions. (Article V(4): 'The roof and structural c)

Insurance

Maximum deductible lesser of $1,000 or 1% of policy face amount; deductible per unit paid by the Unit Owner suffering the loss as an additional Common Expense. (Article XXII(B)(4): 'The maximum deducti)

Use restrictions

Each Unit restricted to use as a single-family residence as defined in applicable Zoning Ordinances (Article X(A)(1): 'The use of each Unit i)

Voting & meetings

Each Unit has one vote (Article I(B): 'Each Unit shall have one )

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