Waterbury, Connecticut 06708 Condominium

Key facts from Waterbury, Connecticut 06708 Condominium's documents

Community type

condominium (Section 1.7 Declaration)

Legal name

Westwood Medical Building

Developer / declarant

Edward I. Bushka and Steven M. Bushka (Public Offering Statement page 1)

Governing law

Common Interest Ownership Act of Connecticut General Statutes (Public Offering Statement preamble and A)

Assessments & dues

$31,500 (first year projected budget) (Exhibit '3' (First Annual Budget) page 5)

Collections & liens

Association has statutory lien for unpaid assessments, prior to all liens except prior recorded liens, first/second security interests recorded before delinquency, property tax liens. Priority for 6 months of assessments. Lien extinguishes (Section 19.4)

Leasing & rentals

12 months (Section 10.2)

Parking & vehicles

Parking spaces allocated as limited common elements; variance reduced from 314 to 185 spaces (Article VII, Section 8.1(a), Zoning vari)

Architectural approval

Yes, for additions/alterations affecting common elements or exterior appearance (Section 13.1(a)(ii) and (a)(iv))

Home business

Allowed for medical professional purposes; other purposes require Board consent (Section 10.1(a)-(b))

Signs & flags

Declarant may post signs for sales; otherwise likely subject to rules (Section 8.7)

Maintenance

Association maintains common elements (roof is common element) (Section 6.1 (common elements include roo)

Insurance

Fire and extended coverage $1,000,000; liability $1,000,000 (Public Offering Statement page 8)

Use restrictions

Implied (common law); not explicit (Not specified)

Amendments

Declaration amendment requires 67% of unit owners' votes; unanimous consent for increase in units or special declarant rights. (Sections 15.1, 15.4)

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