Bethany Winds Condominium

Key facts from Bethany Winds Condominium's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 3: 'name ... shall be known as t)

Legal name

Bethany Winds Condominium

Developer / declarant

RIDA CONSTRUCTION, INC.

Governing law

Title 25, Chapter 22 of the Delaware Code (Unit Property Act) (Section 1: 'submitting ... to the provis)

Assessments & dues

Common expenses assessed; Council may levy assessments for common expenses (Section 9(g): 'lien against each unit fo)

Collections & liens

Lien for assessments has priority over all other liens except first mortgages and certain others; first mortgagee in possession takes free of prior unpaid assessments except for pro rata reallocation (Section 9(g): 'lien against each unit fo)

Leasing & rentals

Yes, units may be rented by Developer, any unit owner, or any unit mortgagee in possession; Developer has unrestricted right to rent unsold units (Section 7(a): 'units may be rented by th)

Parking & vehicles

Each unit entitled to at least one parking space as limited common element; parking spaces while unoccupied may be travelled over by others; no common area shall be used for parking any form of transportation other than as permitted in Rule (Section 7(c): 'each unit is entitled to )

Architectural approval

Implied: Council must authorize any obstruction, decoration, or use of common elements other than normal ingress/egress; Developer may make modifications to units and common elements under Reserved Rights (Section 7(d): 'Without the prior written)

Home business

Prohibited (Section 7(a) (as above))

Maintenance

Unit includes roof membrane (Exhibit C); party wall roof is common element (Exhibit D); owner likely responsible for roof over own unit, but ambiguous (Exhibit C: 'The Units shall consist of r)

Insurance

Council may obtain fire and hazard insurance on building and units, insurable improvements, and personal property of Council; amount = 100% full replacement cost real property, 100% actual cash value personal property; liability insurance m (Section 9(d): 'The amount of insurance s)

Use restrictions

Each apartment unit shall be used exclusively for residential purposes; no business or other purpose (Section 7(a): 'Each apartment unit shall)

Voting & meetings

Amendments require affirmative vote of two-thirds (2/3) or more of total vote of all unit owners (Section 9(i): 'affirmative vote of two-t)

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