Villa West Condominium

Key facts from Villa West Condominium's documents

Reflects the 1993 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article III Section 3.1)

Legal name

Villa West Condominium

Units / lots

9 (original), subsequently amended to include additional units (see amendments) (Article V Section 5.1; Amendment table o)

Developer / declarant

Smith Investment and Development Corp

Governing law

Connecticut Common Interest Ownership Act, Chapter 828 (Section 47-220 et seq.) (Section 27.5; Page 30)

Assessments & dues

Initial annual budget $27,290 (not necessarily the ongoing assessment basis) (Exhibit A-6 (Initial Budget))

Collections & liens

Association has statutory lien on unit for assessments/fines from due date; lien prior except (1) prior recorded liens, (2) first security interest recorded before delinquency, (3) real property taxes. Foreclosure action allowed; attorney's (Article XIX Section 19.3)

Reserves & fees

Initial reserve allocations: Roof $1,000, Exterior Painting/Cleaning $500, Road Work $250, Exterior Decks $500; total $2,250. (Exhibit A-6 (Reserve Allocations))

Leasing & rentals

Leases allowed but must be in writing and subject to requirements. Minimum lease term 60 days. (Article X Section 10.2)

Parking & vehicles

Garages and parking spaces restricted; trucks and commercial vehicles specifically not permitted. (Article X Section 10.1(a))

Architectural approval

Executive Board shall act upon written request within 60 days. (Article XIII Section 13.1(a))

Home business

Home professional pursuits allowed provided they do not involve visits from the public or unreasonable increase in traffic, trash or storage. No sign indicating such uses may be displayed outside a unit. (Article X Section 10.1(a))

Insurance

Association shall maintain property insurance on Common Elements and Units (building coverage) for full replacement cost; personal property insurance on Common Elements for actual cash value. (Article XXII Section 22.2)

Use restrictions

Each unit is restricted to residential use as a single family residence, single housekeeping unit. (Article X Section 10.1(a))

Voting & meetings

Each Unit has one equal vote (Article IX Section 9.2(b))

Amendments

Declaration may be amended by vote or agreement of Unit Owners of at least 67% of the Votes. (Article XV Section 15.1)

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