Currier Ridge Condominium

Key facts from Currier Ridge Condominium's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Expandable) (Full title and Article I, page 1)

Legal name

Currier Ridge Condominium Association, Inc. (a non-stock corporation) (Article XI, page 9)

Units / lots

First phase: 30 units; maximum possible: 141 units; as currently contemplated: 133 units (Article I (page 1): 'as many as a total )

Developer / declarant

Currier Ridge Corp., a Connecticut corporation, with office at 1120 South Main Street, Cheshire, CT (Opening paragraph, page 1)

Governing law

Chapter 825 of the Connecticut General Statutes, Revision of 1958, as amended (Article I, page 1; Article XXI, page 12)

Reserves & fees

Common Expenses include 'reasonable reserves' for repair or replacement of capital improvements or improvements with more than a single year life. (Article II (g)(4), page 3)

Use restrictions

Each unit is restricted to residential use by the Unit Owner, immediate family, guests, servants, and lessees. No transient, hotel, or commercial use is permitted. (Article XII, page 9)

Voting & meetings

Majority means owners of more than 50% of the voting power of the unit owners' association. Any specified percentage refers to aggregate voting power. (Article II (i), page 3)

Amendments

Amendment requires (a) vote of at least two-thirds (2/3) of Unit Owners at a meeting duly called, (b) consent of at least 75% of Unit Owners (and if changes boundaries or interests, also consent of mortgagees of at least 75% of mortgaged un (Article XIV, page 10)

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