Eustis Street Condominium

Key facts from Eustis Street Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

44 Eustis Street Condominium Association, Inc.

Developer / declarant

Shepaug Construction Management Group, Inc. (PAGE 1)

Governing law

Common Interest Ownership Act, Chapter 828 of the Connecticut General Statutes, as amended (Section 1.1)

Assessments & dues

Budget adopted by Executive Board, subject to ratification by Unit Owners. If rejected, prior budget continues. (Section 19.4: "Executive Board shall... )

Reserves & fees

Fidelity bond required for funds administered by Association, including reserves if any. No explicit requirement to maintain a reserve fund. (Section 22.4: "fidelity bond for anyone )

Leasing & rentals

Yes, but must be in writing, subject to Documents and Association requirements, and minimum term of one year. Copy of lease must be delivered to Association. (Section 10.2(b): "A Unit may be leased; )

Architectural approval

Executive Board must answer within 60 days after receipt of written request. (Section 13.1(a): "The Executive Board sh)

Home business

Home professional pursuits not requiring regular public visits or unreasonable levels of mail/shipping/trash are allowed. (Section 10.1(a): "except to the extent p)

Maintenance

Roof is part of Common Elements (not designated as Limited Common Element), maintained by Association. (Section 4.3(a): boundaries of Units: "al)

Insurance

Not required, but Unit Owner may obtain individual insurance for own benefit. (Section 22.5(a): "An insurance policy is)

Use restrictions

Each Unit restricted to residential use as a single-family residence. (Section 10.1(a): "Each Unit is restricte)

Voting & meetings

Each Unit has one vote. Schedule A-2: Unit 44A = 1, Unit 44B = 1. (Schedule A-2 (page 24); Section 1.32: "V)

Amendments

Declaration may be amended only by unanimous vote or agreement of Unit Owners. Bylaws may be amended only by unanimous vote of Executive Board following Notice and Comment. (Section 15.1: "This Declaration may be a)

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