Atlantic Oceanside Residential Condominium

Key facts from Atlantic Oceanside Residential Condominium's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Atlantic Oceanside Residential Condomini)

Legal name

Atlantic Oceanside Residential Condominium

Developer / declarant

Robert F. and Marilyn Marshall

Governing law

Unit Property Act of the State of Delaware, 25 Del. C. § 2201 et seq. (pursuant to the Unit Property Act of the)

Leasing & rentals

Yes, for residential purposes (Section 7(a) 'the units may be leased or)

Parking & vehicles

Prohibited in parking areas (Section 7(m) 'excluding especially truck)

Home business

Prohibited (Section 7(e) 'no industry, business, tra)

Use restrictions

Each unit shall be used solely for residential purposes (Section 7(a) 'Each unit shall be used so)

Voting & meetings

Percentage interest in common elements determines voting rights (Section 16(a) 'percentage of ownership i)

Amendments

Amendment by majority (at least 51%) of unit owners cast in person or by proxy at a meeting; percentage interest change requires unanimous consent; amendment effective when recorded (Section 18 'may be amended by the vote o)

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