Old Towne Condominium

Key facts from Old Towne Condominium's documents

Community type

Condominium

Legal name

Old Towne Association, Inc.

Developer / declarant

Old Towne Association, Inc. (Execution by President Nora Adams)

Governing law

Common Interest Ownership Act, Public Act 83-474 of Connecticut General Statutes (Section 1.1)

Assessments & dues

Common expenses allocated equally per unit; budget adopted by Executive Board and ratified by unit owners unless majority rejects (Sections 7.2(b), 15.5)

Collections & liens

Statutory lien for unpaid assessments; prior to first/second security interest for 6 months of assessments; enforceable by foreclosure like mortgage (Section 15.4)

Reserves & fees

Association may establish reserves for repair, replacement, or addition to Common Elements or other property (Section 15.1(d))

Leasing & rentals

12 months (Section 8.2)

Architectural approval

Executive Board must answer written request within 60 days (Section 10.1(b))

Home business

Home professional pursuits allowed without regular public visits or unreasonable demand on services, no sign (Section 8.1(a))

Maintenance

Association maintains Common Elements; Unit Owner maintains Unit (Section 6.2) and certain Limited Common Elements (Section 6.3: snow removal from patios/decks, maintenance of items in Article V(f)-(g)) (Sections 6.1–6.3)

Voting & meetings

Each unit has one vote (Section 7.2(c))

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