Cordova Condominium

Key facts from Cordova 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

Cordova Condominium Association

Developer / declarant

Quality Hill Historic District Phase I-A, L.P.

Governing law

Sections 448.1-101 to 448.4-120, inclusive, of the Revised Statutes of Missouri and amendments thereto (the “Act”), commonly known as the Uniform Condominium Act of the State of Missouri (Page 1)

Assessments & dues

Initial assessments are set forth on Exhibit B (not provided in text). (Section 7.04, Page 19)

Special assessments

Board may levy Special Assessments for: (a) construction, reconstruction, repair or replacement of improvements on Common Elements, Approved by Board; (b) taxes assessed against Common Elements payable in installments per Jackson County Tre (Section 7.05 (Page 20), Section 8.02(a) )

Collections & liens

All assessments constitute a lien on the Unit from the time imposed. Lien is superior to all others except: pre-recorded liens, purchase money mortgages recorded before delinquency, real estate tax liens, and up to 6 months' assessments due (Section 7.08, Pages 20-21)

Reserves & fees

Board may establish a reserve or sinking fund in a segregated interest-bearing account for anticipated cost of maintenance, repair and replacement of capital improvements. Board may levy assessments for reserve fund. Also a working capital (Section 7.02(c) (Page 19), Section 7.02()

Pets

Pets are implicitly allowed as Owner is liable for damage caused by 'animals' (Section 4.01(q)). No specific pet policy is detailed. (Section 4.01(q), Page 5)

Parking & vehicles

Prohibited unless Approved by Board, except temporary parking for construction or delivery. (Section 4.01(t), Page 6)

Use restrictions

Not exclusively residential; commercial Units are allowed as part of the Condominium. (Page 1: 'development, improvement and sa)

Voting & meetings

Voting by proxy is allowed. Voting rights may be suspended for unpaid assessments or for violations (up to 30 days per violation), except for votes requiring minimum percentage under the Act. (Section 5.01 (Page 10), Section 5.04(s) )

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