Regency Woods Condominium Association

Key facts from Regency Woods Condominium Association's documents

Community type

Condominium

Legal name

Regency Woods Condominium Association

Developer / declarant

Regency Woods Development, Inc.

Governing law

Maine Condominium Act, chapter 31 of Title 33 of the Maine Revised Statutes, as amended (Preamble, page 5: "pursuant to the Maine)

Assessments & dues

The Executive Board adopts an annual budget; each Unit's share is the Periodic Assessment as defined in the budget (Section 2.2 definition of "Periodic Asse)

Special assessments

An assessment made by the Executive Board in addition to the Periodic Assessment (Section 2.2 definition of "Special Asses)

Collections & liens

Each Unit subject to a lien for unpaid Common Expenses, Limited Common Expenses, Service Charges, penalties, fines, interest, and costs of collection including attorneys' fees. Lien may be foreclosed like a mortgage. (Section 5.3-D, page 16; Section 5.5, pag)

Pets

Yes, limited to two domestic pets (Section 7.1(g), page 21)

Voting & meetings

Each Unit shall have one vote (Section 5.4, page 16: "Each Unit shall h)

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