The Roux Condominium

Key facts from The Roux Condominium's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Declaration of Condominium for The Roux )

Legal name

The Roux Condominium Association

Units / lots

Maximum of 50 Residential Units (Section 2.04 - the Condominium shall con)

Developer / declarant

Quality Hill Historic Rehabilitation, L.P., a Missouri limited partnership (Declarant)

Governing law

Sections 448.1-101 to 448.4-120 of the Revised Statutes of Missouri (Uniform Condominium Act) (pursuant to Sections 448.1-101 to 448 4-)

Assessments & dues

Board adopts budgets for revenues, expenditures, and reserves and collects assessments from Owners (Section 5.04(h) - To adopt and amend bud)

Special assessments

Permitted; see Section 7.05 (Section 1.39 - Special Assessments defin)

Collections & liens

Association may create a lien on a Unit for unpaid assessments, ultimately enforceable by foreclosure (Section 4.04(b) - Association shall have)

Reserves & fees

Board may prepare a component study and determine funds to be set aside in reserve accounts each year (Section 5.04(e) - To prepare a component)

Leasing & rentals

Yes, subject to restrictions (Section 4.01(w) - Any leasing of a Unit )

Parking & vehicles

Inoperable vehicles not permitted to be parked or stored (Section 4.01(t) - inoperable vehicles)

Home business

Permitted as an office area in a Unit so long as (i) not in violation of zoning, (ii) complies with laws, (iii) does not use Common Elements for business purposes (Section 4.01(b) - this restriction shall)

Maintenance

Roofs are part of the Common Elements maintained by the Association (Section 2.10(c) - All foundations, colum)

Insurance

Each Owner must carry liability coverage and full replacement value for damage to Common Elements or other Units, name Association as additional insured, and furnish copy of policies annually (Section 5.05(d))

Use restrictions

Each Residential Unit shall be used for residential purposes only as defined in zoning ordinances; office area allowed if no violation, no use of Common Elements for business (Section 4.01(b))

Voting & meetings

Presence of Owners or proxies entitled to cast 51% of outstanding votes in the Association; for the Board, presence of a majority of Board members (Section 1.35)

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