Wintermont Condominiums

Key facts from Wintermont Condominiums's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble: 'submitted to condominium owne)

Legal name

Wintermont Condominiums

Governing law

Missouri Condominium Property Act (Preamble, page 3)

Assessments & dues

Association annually estimates total expenses plus reserve, divides by percentage ownership in Common Elements, and assesses each owner 1/12 monthly; further assessments may be levied if inadequate (Article 6.2, 6.3, page 12-13)

Special assessments

Yes, Association may levy further assessment if estimated cash requirement inadequate, or for cost of repair if an owner fails to perform required maintenance (Article 5.3(i)). (Article 6.3, page 13; Article 5.3(i), pa)

Collections & liens

Unpaid assessments constitute a lien on the unit, prior to all other liens except taxes and certain prior recorded encumbrances; foreclosure in like manner as mortgage of real property; Board may bid at sale and acquire the unit (Article 6.8, 6.9, page 13-14)

Reserves & fees

Association shall build up and maintain a reasonable reserve for contingencies and replacements (Article 6.3, page 13)

Home business

An owner may use a portion of his Unit for a home office or studio as long as it does not interfere with quiet enjoyment or comfort of other owners or occupants (Article 7(a) and 7(l), page 15-16)

Use restrictions

Each Unit shall be used as a residence for a single family and for no other purpose; no part of Property used for other than residential and common recreational purposes (Article 7(a), page 15)

Voting & meetings

Each Unit Owner votes in proportion to percentage of ownership in Common Elements; Majority defined as owners of more than 50% aggregate interest (Article 1.4, page 3-4)

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