State Street Condominium (CT)

Key facts from State Street Condominium (CT)'s documents

Community type

Condominium

Legal name

360 State Street Condominium Association, Inc.

Units / lots

3 (Residential Unit, Parking Unit, Commercial Unit); maximum 506 after exercise of Development Rights (Section 4.1)

Developer / declarant

MEPT Chapel Street LLC

Governing law

Common Interest Ownership Act, Chapter 828, Sections 47-200 through 47-295 of Connecticut General Statutes (Section 1.1)

Assessments & dues

Common Expenses allocated according to Allocated Interests (undivided interest in Common Expense liability) (Section 1.2)

Special assessments

Authorized as part of Common Expenses, including expenses agreed upon by Association and reserves (Section 1.8(c) and (d))

Reserves & fees

Authorized: reserves may be established by the Association for repair, replacement, or addition (Section 1.8(d))

Voting & meetings

Votes allocated per unit per Schedule A-2; Majority of Unit Owners means more than half of votes (Sections 1.23, 1.38)

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