Eastridge Condominium

Key facts from Eastridge Condominium's documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, page 3; Section 2.3, page 5)

Legal name

Eastridge Condominium

Governing law

Common Interest Ownership Act, Public Act 83-474 of the Connecticut General Statutes, as amended (Article I, page 3; Section 2.2, page 5)

Assessments & dues

Executive Board adopts budget, provides summary to all Unit Owners, and sets meeting for ratification within 14-30 days after mailing. Budget is ratified unless a majority of Unit Owners reject at that meeting. If rejected, the previous bud (Section 19.4, page 23-24)

Special assessments

If special assessment exceeds 15% of current annual operating budget, must be submitted to Unit Owners for ratification in same manner as budget. (Section 19.5, page 24)

Collections & liens

Association has statutory lien for unpaid assessments from due date; lien is prior to all others except: (1) liens recorded before Declaration, (2) first security interest recorded before assessment became delinquent, (3) real property taxe (Section 19.3, pages 22-23)

Reserves & fees

Common Expenses include reasonable reserves for repair, replacement of Common Elements and other property held by the Association. (Section 2.6(iv), page 5)

Leasing & rentals

Yes, but subject to restrictions. (Section 10.2, page 10)

Architectural approval

Executive Board shall answer a request for approval of proposed structural alteration or improvement within 60 days after request. (Section 13.1(a), page 15)

Maintenance

Association maintains, repairs, and replaces Common Elements (Section 6.1). Unit Owner maintains, repairs, and replaces at own expense all portions of his/her Unit (Section 6.2). Unit Owner also responsible for certain Limited Common Elemen (Article VI, pages 9-10)

Insurance

Association shall maintain property insurance covering project facilities (including fixtures, equipment, improvements/betterments in Units, Common Elements, Limited Common Elements, and personal property normally insured under building cov (Section 22.2(a) and (b), pages 26-27; Se)

Use restrictions

Each Unit restricted to residential use as a single family residence (single housekeeping unit, non-profit, non-commercial, no more overnight occupants than two per bedroom); home professional pursuits allowed if they do not require regular (Section 10.1(a), page 10)

Voting & meetings

Each Unit has one vote (100% per Schedule A-2); allocated based on floor area for Common Expense liability (Section 2.31, page 7; Section 9.2(c), pa)

Amendments

Declaration may be amended by vote or agreement of Unit Owners holding at least 67% of allocated votes, except as otherwise provided. Unanimous consent required for amendments that create or increase Special Declarant Rights, increase numbe (Article XV, Sections 15.1, 15.4, 15.6, p)

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