Creekside (DE)

Key facts from Creekside (DE)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Preamble: 'intends to create a single fa)

Units / lots

145 (Section 4.4.1: 'there shall be a total o)

Developer / declarant

Caldera Properties-Baltimore II, L.L.C.

Governing law

Delaware Unit Property Act (Article I Definition of Common Area: 'pu)

Assessments & dues

Set by Board budget, not fixed in Declaration (Section 7.3: Board prepares budget and A)

Special assessments

Authorized for capital improvements, operations, repair, replacement, reserve funds (Section 7.2: 'Special Assessments for ca)

Collections & liens

Annual and Special Assessments are a continuing lien on the property; personal obligation of Owner at time due (does not pass to successor unless assumed) (Section 7.2: 'shall be a charge on the l)

Reserves & fees

Common Expenses include amounts to establish and maintain reserve funds (Definition of Common Expenses: 'shall in)

Architectural approval

Yes, for all new construction, landscaping, and modifications to existing construction and landscaping (Section 2.7: 'Creekside Architectural Gu)

Signs & flags

Developer reserves right to maintain signs for sales, construction, etc. (until no Units or Dec 31, 2020) (Section 5.11: 'reserved for the benefit )

Maintenance

Owner maintains Unit and non-common area; Association maintains Common Area; Developer maintains Developer-owned portions until conveyed (Section 6.2: details responsibilities as)

Voting & meetings

Two classes: Class A (Unit owners, one vote per Unit), Class B (Developer, entitled to at least Class A plus one vote during control period) (Sections 4.4.2 and 4.4.3)

Amendments

During Developer's Rights and Responsibilities Period, Developer may amend unilaterally by recording amendment; after period, certain sections (e.g., Section 4.9) require 85% vote of Members and mortgagees; general amendment procedure not f (Section 2.4 (Developer amendment) and Se)

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