Association. Wedgewood Cando Association

Key facts from Association. Wedgewood Cando Association's documents

Community type

Condo (Condominium) (Article II, Section 2.1)

Developer / declarant

Wedgewood Realty Group, a Connecticut corporation with an office at Wolcott, Connecticut (Opening paragraph)

Governing law

Common Interest Ownership Act, Public Act 83-474, Connecticut General Statutes as amended (Article I, Section 1.1)

Special assessments

Non-budgeted Common Expense assessments greater than 15% of current operating budget must be ratified by Unit Owners in same manner as budget (Section 19.6). (Article XIX, Section 19.6)

Collections & liens

Association has a statutory lien on a Unit for unpaid assessments from the time assessment becomes delinquent. Lien is prior to all other liens and encumbrances except: (1) liens recorded before Declaration; (2) first or second security int (Article XIX, Section 19.4)

Reserves & fees

Common Expenses include reserves for maintenance, repair, replacement of Common Elements or other property held by Association. (Article XIX, Section 19.1(d))

Leasing & rentals

Not less than sixty (60) days. (Article X, Section 10.2)

Architectural approval

Unit Owner may not change appearance of Common Elements or exterior of Unit without Executive Board permission; interior alterations affecting structural integrity or mechanical systems are prohibited without approval? Actually interior alt (Article XIII, Section 13.1(a)(ii))

Use restrictions

Each Unit is restricted to residential use as a single-family residence, defined as a single housekeeping unit with no more than two per bedroom, operating on a nonprofit communal basis. (Article X, Section 10.1(a))

Voting & meetings

Each Unit shall have one equal vote. (Article IX, Section 9.2(c))

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