Anchor Pointe Condominium

Key facts from Anchor Pointe Condominium's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Anchor Pointe Condominium

Developer / declarant

Anchor Pointe Associates (Article I, page 7)

Governing law

Common Interest Ownership Act (Public Act 83-474) of the Connecticut General Statutes (Article I, page 7)

Special assessments

Special assessment greater than 10% of current annual operating budget requires ratification by Unit Owners in same manner as budget (Article XXII, Section 22.5, page 30)

Collections & liens

Association has statutory lien on a Unit for unpaid assessments; lien is prior to all except pre-recorded encumbrances, first/second mortgages recorded before delinquency, and property taxes; foreclosure in like manner as mortgage (Article XXII, Section 22.3, page 28-29)

Reserves & fees

Charges, late charges, fines and interest are enforceable as Common Expense assessments (Article XXII, Section 22.2(f), page 28)

Leasing & rentals

Yes, but minimum lease term of 60 days (Article X, Section 10.2, page 19)

Architectural approval

Yes, prior written consent of Executive Board required for structural addition, alteration, or improvement (Article XIV, Section 14.1(a), page 19-20)

Home business

Allowed only with Executive Board approval, compliance with local zoning, no signs, no excessive noise/mail/trash (Article X, Section 10.1(a), page 18-19)

Use restrictions

Yes, each Unit restricted to residential use as a single family residence (Article X, Section 10.1(a), page 18-19)

Voting & meetings

One vote per unit (Article IX, Section 9.2(c), page 18)

Amendments

Declaration may be amended by vote or agreement of Unit Owners holding at least 67% of votes (Article XVIII, Section 18.1, page 22)

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