Promenades East Condominium Association, Inc.

Key facts from Promenades East Condominium Association, Inc.'s documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I – Identity, Page 1 (as part of)

Units / lots

147 (Section 2.2 – Voting Interests: 'one hun)

Assessments & dues

Board adopts annual budget of Common Expenses; Regular Assessments set accordingly. Proposed budget mailed to Owners at least 14 days before meeting to adopt. (Section 6.2)

Collections & liens

Fines may not become a lien against a Unit. Fines treated as assessments subject to collection provisions in Declaration and Bylaws. (Section 8 (fine cannot become lien) and )

Reserves & fees

Required for capital expenditures and deferred maintenance (roof, building painting, pavement resurfacing, and any item with current cost of $10,000+). Reserves may be waived or reduced by majority vote of Members present at a meeting after (Section 6.3)

Pets

Only unit owners in residence may keep a pet. Guests and non-resident owners may not bring pets into the building for any reason. (Rules booklet page 5 (Pets) and page 7 ()

Leasing & rentals

Yes, but only entire unit. No partial rentals. Minimum lease term: three months. Leases must be on forms approved by Association. (Rules booklet page 7 (Item 19))

Parking & vehicles

Any vehicle (except bicycle) not operating on its own power may not remain on property more than 24 hours. (Rules booklet page 11 (Item 12))

Use restrictions

Each unit shall be used for single family residential purposes. (Rules booklet page 7 (Item 8))

Voting & meetings

One vote per Unit owned. Total Voting Interests = 147. Vote not divisible. (Section 2.2)

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