Eighteenth on the Bay Condominium

Key facts from Eighteenth on the Bay Condominium's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Eighteenth On The Bay Condominium

Units / lots

Up to 195 (15 initial + up to 180 expansion) (Section 4, Page 7)

Developer / declarant

Peninsula Parcel K, LLC and Peninsula at Long Neck, LLC (collectively 'Developer') (Section 1, Page 1)

Governing law

Unit Property Act of the State of Delaware (25 Del. C. §2201 et seq.) (Section 1, Page 1)

Assessments & dues

Set by Council in annual budget; not fixed amount (Section 7, Page 11)

Special assessments

Allowed for construction, reconstruction, unexpected repair/replacement, or any other lawful purpose, subject to Code of Regulations (Section 7(e), Page 13)

Collections & liens

Assessment is a continuing lien on the Unit; personal obligation of owner; lien may be foreclosed like a mortgage (Section 7(i), Page 13)

Reserves & fees

Required; capital reserve account established for capital improvements and replacement (Section 7(d), Page 12; Section 7(f), Pag)

Pets

Yes, small orderly domestic pets (dogs, cats, caged birds) not to exceed 2 per Unit without Council approval (Section 10(o), Page 19)

Leasing & rentals

Yes, subject to Master Declaration (Section 10(r), Page 19)

Use restrictions

Each Unit shall be used only for residential purposes (Section 10(a), Page 17)

Voting & meetings

Based on Percentage Interest in Common Elements as set forth in Schedule B (Section 6(a), Page 10; Schedule B)

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