Hyde Park (MO)

Key facts from Hyde Park (MO)'s documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and recitals)

Units / lots

6 (maximum) (Section 2.4)

Developer / declarant

HYDE PARK CONDOMINIUMS, LLC (a Missouri limited liability company) (Recitals and Section 1.15)

Governing law

Uniform Condominium Act of Missouri (Sections 448.1-101 to 448.1-120 RSMo) (Recitals and Section 2.2)

Assessments & dues

Board proposes budget; Owners may reject by majority vote; if rejected, prior budget continues (Section 7.3)

Special assessments

Allowed; Board may levy special assessments subject to Owner review (25% petition) and rescission by Majority of non-Declarant Owners (Sections 7.5, Article VI(a))

Collections & liens

Association may file a lien for unpaid assessments and enforce by foreclosure (Section 4.4(b)(i), Article VII)

Reserves & fees

Board may establish a reserve fund for capital improvements; also a contingency reserve up to 25% of annual operating budget (Sections 5.4(f), 7.2(c))

Pets

Yes, subject to limits (Section 4.1(j))

Leasing & rentals

Yes, subject to restrictions (Section 4.1(w))

Architectural approval

Architectural Control Committee approval required for alterations, additions, or modifications to Common Elements or exterior; non-structural interior improvements also require ARC approval (Sections 4.2(d) and (f), Article XI)

Home business

Allowed if office area in residence in accordance with city ordinances (Section 4.1(a))

Maintenance

Association maintains Common Elements; Owner maintains Unit, fixtures, and Limited Common Elements; owner responsible for interior plumbing, electrical, HVAC, water heaters within Unit (Sections 3.10, 4.1(b), 5.6)

Insurance

Association shall obtain property insurance on Units and Common Elements (full replacement value) and other insurance as Board deems appropriate (Section 5.5(a))

Use restrictions

Each Unit shall be used for residential purposes only (Section 4.1(a))

Voting & meetings

One vote per Unit; proxy allowed; voting rights may be suspended for nonpayment or violations (Sections 3.8, 5.1, 5.4(o))

Amendments

Not fully detailed; Declarant may amend during control period; later amendments likely require Owner vote as per Act (Section 1.35(h), general permissive lang)

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